Friday, March 30, 2007

Secured loans processing is quicker than others

Loans are a fundamental part of everyone's life, whether you are a student seeking to learn, a newly-wed couple wanting to set up home or an entrepreneur seeking equity to help set up a business.

For quick secured loans , you take more risk in order to get a lower APR (interest rate). You provide an asset (eg: your house) as a guarantee, but if you fail to keep up repayments, the lender can take possession of and sell your house to get their money back. The amount of money you can borrow on secured loans is usually limited by the value of the assets you have to secure those loans with (eg: the value of your house).

Quick Secured Loans
Lenders desire speed. The internet is allowing more and more people to achieve a fast secured loans decision of their application than ever before, even those of us with bad credit ratings. The fluctuating rates of APR on these fast secured loans can result in you loosing thousands of pounds. These are what they are - fast! That doesn’t always make them the best deal so they might not necessarily be the ideal solution to your needs.

Advantages:
Secured loans agreed for under £25,000 (can vary depending on the lender) fall into a regulated cooling off period under the Consumer Credit Act. Larger equivalent secured loans may take time to process whilst your credit history is checked, or a valuation is agreed.
These time delays can be of great benefit to you; they allow you time to double check the details of the loan offer and to ensure that your are happy with the terms and conditions of the loan, but normally can be completed much faster. Still, even with these delays it is possible to get larger (£25,000 and over) fast secured loans within days.

Your Quick secured loan can be for any purpose, whether it’s to invest in your business or for personal expenditure such as a new car, a holiday, home improvements or school/university fees for your children. Loan applications are processed quickly and once approved the money is made available as soon as possible for you to spend as you wish. If taken wisely, quick secured loan can take care of all the financial needs. We know just how frustrating it is to borrow in today’s economic environment.

Who can avail Self-employed secured loan-
If your answer is yes to the following, you are eligible to get self-employed secured loans:
• Are you currently a UK resident?
• Are you looking for self-employed loan?
• Are you over 18 years of age?
• Are you employed for at least 16 hours a week (Job or self-employment, no issues)?
• Do you have a bank account with Direct Debit facilities?
• Do you have collateral?

Self-Employed Secured Loans: Benefits
• Self-employed secured loans for self-employed with or without income accounts
• Provision for self-employed to self certify their income
• Self-employed secured loans at rates and benefits better than other loan type
• Self-employed loans for any purpose
• Self-employed loans with our without security
• Collateral very good
• Fast approvals within 1-3 business days
• Cash available for any purpose
• Easy application process
• No financial documentation required in most instances
• Lower interest rates in comparison to others available loans
• Now a day costly mistakes eliminated
• Confidential expert consulting from start to finish
• No application costs or upfront fees
• Available in all geographical regions of the country.

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