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  #21 (permalink)  
Old 05-22-2008, 12:43 PM
sahilmiddha sahilmiddha is offline
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Default Re: Secured loans

it is a secured loan is which is against your property so that if you miss or cant afford the repayments they have something they can get their money back on.
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  #22 (permalink)  
Old 07-07-2008, 04:16 PM
Reeve_Calling Reeve_Calling is offline
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Default Re: Secured loans

Secured loans require collateral. You normally borrow against your home or other property you own.
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  #23 (permalink)  
Old 07-09-2008, 01:11 PM
Alby Alby is offline
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Default Re: Secured loans

Secured loans are difficult to get at present with many lenders reducing the LTV to 65-70%?
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  #24 (permalink)  
Old 08-03-2008, 10:43 PM
MK Financial's Avatar
MK Financial MK Financial is offline
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Default Re: Secured loans

Secured loan is like a second mortgage. If you default, the lender could take action against you to posses your property !

Mick

Last edited by MK Financial; 08-03-2008 at 11:20 PM.
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  #25 (permalink)  
Old 08-25-2008, 01:02 PM
usfinancialfreedom usfinancialfreedom is offline
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Default Re: Secured loans

A secured loan is a loan taken out against say your property
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  #26 (permalink)  
Old 08-29-2008, 12:49 PM
sahilmiddha sahilmiddha is offline
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Default Re: Secured loans

secured loan is a loan taken against your property, or some valuable possession if you fail to repay the loan the bank has something in his hands to get their money back.
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  #27 (permalink)  
Old 03-03-2009, 01:02 AM
konek konek is offline
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Default Re: Secured loans

If you have a mortgage it may be worth asking your mortgage lender if they can provide a further advance. Quite often it works out to be cheaper.
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  #28 (permalink)  
Old 04-20-2009, 03:25 PM
jaynek jaynek is offline
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Smile Re: Hello Everybody

Quote:
Originally Posted by kayl View Post
Hello Everyone

My Name is Gracy from United Kingdom

I am facing some Financial Problem in my life . If You have a Know some site who give me payday loan at minimum time just reply me its Urgent?
Hi, I wouldn't reccommend a payday loan as the interest rates are so high and so are the penalties if you miss payments. I would reccommend you getting some financial advice which will help you get back on your feet.


thanks
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  #29 (permalink)  
Old 06-01-2009, 10:32 PM
OilTrader OilTrader is offline
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Default Re: Secured loans

it means that if you don't pay they take your assets and sell them to repay the loan.
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  #30 (permalink)  
Old 08-10-2009, 07:39 PM
www.quotemedirect.co.uk www.quotemedirect.co.uk is offline
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Default Re: Secured loans

Usually secured on your property..
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  #31 (permalink)  
Old 12-03-2009, 08:24 AM
jeffreyfrog jeffreyfrog is offline
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Default Re: Secured loans

A secured loan means that you give that person the right to take something of yours that has value, if you don't pay. Usually it's a house or real property.

If you don't know what a secured loan is, you should probably not be trying to start your own business until you have a little more business knowledge.
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  #32 (permalink)  
Old 12-13-2009, 11:16 AM
sajjad.axe sajjad.axe is offline
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Default Re: Secured loans

ITS not securing any thing for us , its the bank or financial institution securing their money which they are lending to us!!
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  #33 (permalink)  
Old 01-07-2010, 10:16 AM
Eve Amelie Eve Amelie is offline
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Default Re: Secured loans

Secured loans are long-term loans that can be availed against collateral. Assets may be in the form of borrower's home or any other residential property.
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  #34 (permalink)  
Old 01-18-2010, 05:18 PM
FrankPolenose FrankPolenose is offline
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Default Re: Secured loans

Following on from a previous answer Secured Loans in the UK are now available upto 80%. Very strong rumours that 90% will be available from February 2010. Loans possibly getting easier as the credit crunch eases.
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  #35 (permalink)  
Old 10-16-2010, 08:12 PM
ager ager is offline
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Default Re: Secured loans

thank you
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  #36 (permalink)  
Old 10-29-2010, 02:36 PM
Herry00 Herry00 is offline
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Default Re: Secured loans

The forum is ablut the secured loans and finance markets, this would help the individuals to know more about financial terms if they are not aware about all this.
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  #37 (permalink)  
Old 11-15-2010, 06:39 PM
ÄngelsbergKonsortium ÄngelsbergKonsortium is offline
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Default Re: Secured loans

A secured loan is a loan with some form of asset or property as a "security" on the loan, which the lender instantly loses after defaulting on the payments. :-)
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  #38 (permalink)  
Old 11-18-2010, 08:44 PM
jj_aris1982 jj_aris1982 is offline
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Default Re: Secured loans

Secured loans are those loans that are protected by an asset. And also collateral. A collateral are sometimes, home, cars, including land properties.
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  #39 (permalink)  
Old 01-07-2011, 08:58 AM
coolJune coolJune is offline
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Default Re: Secured loans

A secured loan is a loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.
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  #40 (permalink)  
Old 01-07-2011, 01:22 PM
bankruptcyonly1 bankruptcyonly1 is offline
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Default Re: Secured loans

Hii!!!!

A
secured loan is a in which the borrower pledges some asset (e.g. a car or property) as for the loan, which then becomes a secured debt owed to the creditor who gives the loan.i think that is a right meaning of secured loan.
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