For those people who are in need of money, borrowing money is a very good option. Money can be borrowed by the needful according to his requirement and his repayment ability. If the borrower has a security to place, then secured personal loans are the most suitable option to choose.
Personal secured loans can be used by the borrowers in which ever way he wants to spend it. It can be used for basic needs or luxuries. Debt consolidation, home improvement, car purchase, wedding expenses, educational funding, and vacation trip etc can all be financed with help of secured personal loans.
Secured personal loans can be borrowed by pledging an asset with a high equity value with the lender as collateral. Equity value is the market value of the asset minus the outstanding charges on it. Any asset like house, car, stocks, bonds, real estate etc serves the purpose of the collateral.
Due to the placement of security, the rate of interest that is charged on the loan is lower than most loans available in the market. The amount that can be borrowed through personal secured loans ranges from £5000-£75000. This amount has to be repaid in a term of 5-25 years duration. With low rates and a long repayment term, the repayment of personal secured loans is comfortable for the borrower.
Bad credit borrowers can also take up personal secured loans. In fact it is the best option for them to avail low rates of interest as usually they are charged higher than the usual rates due to the risk factor involved. But as these loans are secured, repayment is guaranteed thereby fetching a lower rate for bad credit borrowers.
Online research helps in finding suitable deals with low rates of interest. Quotes that are sent to the borrowers by numerous lenders can be compared and then the best deal can be chosen carefully.
With secured personal loans, it has become very easy for the common man to borrow a loan for his needs and also repay it comfortably due to the low rate of interest.
Written by: Alan Jordan
Personal Secured Loans Books
 |
Maxed Out
List Price:  |
DescriptionIn Maxed Out, author/director James D. Scurlock (Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders) takes on America's debt crisis. Consequently, he touches on related issues like race, corporate malfeasance, and political subterfuge... |
|
Historic Consumer Credit & Bank Loans Films (1940s)
List Price: |
|
DescriptionThis compilation features films from the 1940's about banking, money management, consumer credit, and the importance of a good credit score. |
|
Vintage 1940s Banks & Banking Industry Films DVD: Classic Money, Loans, Credit, Personal Finance, Checking & Savings Account Movies
List Price: |
|
DescriptionThis is a unique compilation of 3 vintage banking industry films from the 1940s that explore many outdated techniques and technologies of the banking industry. You can't find this DVD anywhere else! Table Of Contents: (1) Using the Bank (1947) - This film shows the age before computer technology and automated services in bank... |
|
Heart Shaped Party Balloon with I Love Loan
Sale Price: $9.99 |
|
DescriptionItem comes in 2 sizes: small and largeStraws and bases includedItem will be printed on both sidesBlow them up through colorful jumbo plastic strawsHelium is not needed |
|
Loan Film Jacket
List Price: |
|
DescriptionLoan Film JacketLoan Film Jacket M-W Ref. #65514, 11-pt. Manila (no seam-side copy). Staggered thumb-cut for easy opening. 3/4" self expansion. 14-1/2" x 18-1/4" . Manila. Staggered thumb-cut for easy opening... |
|
Royal Machines EZVue 8V Electronic Organizer PDA with 3MB Memory and 6-Line RoyalGlo Backlit Display
List Price: |
|
DescriptionPERSONAL DIGITAL ASSISTANT EZVUE8V3MB WITH 6 LINE ROYALGLO DISPLAY AND DIGITAL VOICE MEMOS;INFO DIRECTORY WITH PREPROGRAMMED CALORIE AND CARBOHYDRATE;LISTS ADN CD ADN USB PC CABLE INCLUDED;CALENDAR AND SCHEDULE PLANNER;10 DIGIT CALCULATOR & PC SYNC SOFTWARE & BRAIN GAMES;SPANISH TRANSLATOR;EMINDERS WITH DYNAMIC PROACTIVE FLASHING ALERTS |
|
Texas Instruments BA Real Estate Financial Calculator
List Price: |
|
DescriptionBAIIPlus Financial Calculator |
 |
Spider Man: Shattered Dimensions with Bonus Art Concept Book
Sale Price: $59.99 |
DescriptionSpider-Man: Shattered Dimensions is an action-packed adventure encompassing four dramatically different parallel universes, each with its own Spider-Man armed with unique strengths. Each stunning universe has its own detailed art design and thrilling gameplay with challenging skill sets to master in order to unlock powerful new moves... |
 |
Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents
List Price: |
DescriptionThis book can save you over $100,000 These days, most people assume you need to pay a boatload of money for a quality college education. As a result, students and their parents are willing to go into years of debt and potentially sabotage their entire financial futures just to get a fancy name on their diploma... |
|
Lone Survivor: The Eyewitness Account of Operation Redwing and the Lost Heroes of SEAL Team 10
List Price: |
|
DescriptionOn a clear night in late June 2005, four U.S. Navy SEALs left their base in northern Afghanistan for the mountainous Pakistani border. Their mission was to capture or kill a notorious al Qaeda leader known to be ensconced in a Taliban stronghold surrounded by a small but heavily armed force... |
No related posts.
