Users online: 5 Tell Friend Messages Add to Favorites  Links: Popular New Pick TopRated Random Add  Articles: Popular New Pick TopRated Add
Search for in Advanced
Home >> Previous Page >> Article
Apparel & Footwear
Arts & Crafts
Books & Media
Computer & Internet
Electronics & Communication
Finance & Legal
General Business and Trade
Industrial Supply
Medicine & Health
Transportation & Logistics
Business & Finance
Computers & Internet
Food & Drink
Online Business
  Registered Users


Remember me
Forgot yours?
Register & join
our mailing list now!

  Message to Us



Your code

Enter the code

Secured Loans: Benefits Abound
by: Simon Peyton
Secured Loans: Benefits Abound

When you have a lot of demands to meet and you are searching for a perfect loan scheme you can simply apply for a secured loan without searching anymore. As the name suggests, secured loans are secured on some form of property. The property which the borrower wants to use as collateral should have a monetary value in the market. The collateral that is generally placed are land, estate, house, car or any asset that is securable.

The multiple demands that can be fulfilled with these loans are: buying a car, going for a holiday, consolidation of debts, weddings, higher education of children, home improvement.

These loans carry low interest rates because the collateral covers the risk of the loan. It acts as a sort of assurance that the money will be paid back. As a result the borrower gets the loan at a cheap rate. At times the lenders even give loans worth 125% of the collateral. So collateral with greater value will grab a big loan amount. These loans are advanced for a term generally ranging from 5 to 25 years while the amount ranges from £ 5000 to £75000.

Bad credit borrowers are also not barred from availing these loans. The security will fetch a lot of lenders for the bad credit borrowers. However due to their credit score bad credit borrowers may have to pay moderately higher rate of interest for the loan.

They are available online where applying is totally free. Also, the loan approval takes the less time as there is absence of paper work. There numerous lenders who flock online who are ready to give loans any time. The borrowers have options for comparison of different loan quotes that are provided by the lenders. By comparing the quotes a borrower can settle on a good deal.

With so many beneficial features attached to them secured loan is definitely a good choice for people who want a loan and can afford placing a collateral.

:: Created: 20-03-2008 :: :: Rating: 0.00 (0 votes) ::
:: Readers this month: 5571 :: Readers total: 5571 ::

Business & Finance


 More Articles of The Same Owner 
Common Mistakes In Business Plans
Navigate Business through an Economic Downturn
Find a Reason to Smile More with Fun Sites
Top 10 Certification Exam Tips
Acne Vulgaris
Dental Health Care
Loving Food And Digesting It
7 Must Know Ways To Prevent Spam
Secured Loans: Benefits Abound
Tasty Gluten Free Products

 More Articles 
Next in category Business & Finance
Previous in category Business & Finance
Next in any category
Previous in any category
Tell a friend
Comments: 0
Write a comment
Print this article
Newest Links
Kidney Cyst
Learn English Courses In Australia From Different Countries - Study In Australia
Articles Of Finance
Kidney Disease, Chinese Medicine-shijiazhuang Kidney Disease Hospital Windows Hosting
Informatica China
Paper Cups Manufacturers-
Jobs, Internship, Students Career, Talent Hiring
Terminal Blocks -
Office Space Leasing - Oconnordata
Newest Articles
Affordable Web design india
African Servalcat Safaris Kenya Tanzania
Acne Vulgaris
Find a Reason to Smile More with Fun Sites
What Does RICH Mean To You?
Navigate Business through an Economic Downturn
Dental Health Care
Loving Food And Digesting It
Tasty Gluten Free Products
Why Study The Japanese Language?
RSS Feeds - Links
New links
Editor's pick
Popular links
RSS Feeds - Articles
New articles
Editor's pick
Popular articles

Copyrightę 2008, Online China Directory, All rights reserved. hit counter