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Secured Loans Latest News

Many brokers will look at new income streams in 2008, and both secured and unsecured loans can be considered alongside remortgaging. Chris Bennett runs through the options. One thing is certain about the year ahead – it will be uncharted territory for the majority of participants in the consumer finance and mortgage markets. In the last months of 2007, we saw the arrival of the liquidity crisis in the UK. more...

›› Action against payday lending

If we learned anything from the 2007 subprime mortgage debacle it should have been this: Irresponsible lending hurts people and ultimately, the economy. For that reason, the General Assembly should corral the payday-loan industry with a firm hand this session. more....

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. ALL LOANS ARE SUBJECT TO STATUS IN THE UK.