Secured loans in the UK ended up with a pretty bad reputation after all the financial fuss of ’07 kicked off. There is no doubt the secured loan lending practices of the past were just as bad as some of the crazy mortgage offers around at the time with up to 125% of the value of your home being available to borrow. Much like the banks, when the easy money stopped flowing and the industry started to collapse the secured loan companies couldn’t get funding and many of them turned to dust. By 2009 14 lenders had left the market leaving
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