Loans Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Why Choose a Personal Loan?


Are you wondering why choose a personal loan? One of the main reasons for choosing a Personal loan is the flexibility. There are a variety of Personal loans available which can be divided into two categories: secured personal loans and unsecured personal loans. Homeowners can apply for a Secured personal loan (using their property as security), whereas tenants only have the option of an unsecured personal loan.

Secured Personal Loan:

A Secured personal loan is simply a loan that is secured against property. Secured personal loans are suitable for when you are trying to raise a large amount; are having difficulty getting an unsecured personal loan; or, have a poor credit history.

Lenders can be more flexible when it comes to Secured personal loans, making a Secured personal loan possible when you may have been turned down for an unsecured personal loan.

You can borrow any amount from 5,000 to 75,000 and repay it over any period from 5 to 25 years.

The only disadvantage to a secured personal loan is that there is a risk of losing your home, if for whatever reason, you are unable to keep up the repayments.

Unsecured Personal Loan:

An Unsecured personal loan is good for people who are not homeowners and cannot obtain a secured loan for example; a tenant living in rented accommodation.

An Unsecured personal loan is a personal loan where the lender has no claim on a homeowner's property should they fail to repay. Instead, the lender is relying solely on the ability of a borrower to meet their loan borrowing repayments.

The amount you are able to borrow can start from as little as 500 and go up to 25,000.

The repayment period will range from anywhere between six months and ten years.

An Unsecured personal loan can be used for almost anything - a luxury holiday, a new car, a wedding, or home improvements.

Unsecured personal loans are invariably more expensive than secured loans, and the repayment periods demanded by lenders are shorter too.

You may freely reprint this article provided the author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Forbes

Here Are The 5 Biggest Student Loan Mistakes Of 2018
Forbes
No one likes to make a mistake. When it comes to your student loans, in particular, a mistake can cost you more money. According to Make Lemonade, there are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt. The ...



America's $1.5 trillion student-loan industry is a 'failed social experiment'
MarketWatch
But ask many borrowers in this generation whether they worry about how the loans will affect their future and you'll get a slew of bleak replies: It's stopped them from getting their car fixed, switching jobs, buying a home and having children. Even a ...



Wall Street Journal

Banks That Gave Mozambique Covert Loans Propose Restructuring
Wall Street Journal
Banks that arranged billions of dollars of loans to government companies in Mozambique have proposed to restructure some of the now-defaulted debt, as the government of President Filipe Nyusi struggles to relieve financial pressure on Mozambique's ...



The Real Deal

These were the 10 largest Manhattan real estate loans in September
The Real Deal
The top 10 Manhattan loans in September totaled just over $2 billion, up 25% from August, but no single deal broke the $300 million mark. The Manhattan real estate debt market rebounded somewhat in September, but there were few standout deals. The top ...



Washington Post

Court allows Obama-era student loan rules to take effect, delivering defeat to DeVos
Washington Post
That means that Education Secretary Betsy DeVos is now responsible for implementing a rule that she said makes it too easy for students to cancel their student loans and that she has fought to kill. Consumer advocates back the regulations, saying the ...
STUDENT LOANS Judge orders for-profit fraud protection be enforcedYoungstown Vindicator
Judge orders protections for defrauded students to go into effectCNBC
Court win for student loan protections a setback for DeVosPolitico
Wall Street Journal -Gainesville Sun
all 95 news articles »


CNBC

Strong US economy drives performance in both high-yield bonds and leveraged loans
CNBC
Do you still like credit risk? If so, you may want to look at high-yield bonds or leveraged loans. Both markets have held up remarkably well so far this year. While rising interest rates have clobbered both investment-grade and emerging market bonds ...



National Mortgage News

Bank of America Mortgage Review
U.S News & World Report Money
Bank of America serves roughly 67 million customers in all 50 states. The lender offers conventional, Federal Housing Administration, U.S. Department of Veterans Affairs and jumbo loans, as well as home equity lines of credit and mortgage refinancing.
Housing finance slows at Bank of America as home equity loans dwindleNational Mortgage News

all 17 news articles »


CNBC

Student loan debt isn't just a millennial problem
CNBC
As most now know, skyrocketing student debt can be particularly devastating for young adults. But it's not just millennials who are delaying life's major milestones because of their loan burdens, according to a new report by the Association of Young ...

and more »


HousingWire

Mortgage debt or student loans, what's weighing you down?
HousingWire
A recent study by Magnify Money, an analytical division of LendingTree, revealed that in the last two decades, student loan debt has surpassed $1.5 trillion, making it second-largest type of debt Americans hold. Although student loan debt isn't spread ...



KKTV 11 News

Proposition 111: Voters to decide on change to payday loans in Colorado
KKTV 11 News
You can imagine how getting a short-term loan with a huge interest rate and initial fees could end up backfiring, putting the borrower in a bigger and bigger hole. Supporters of 111 say these loans are predatory and people need to be protected ...
Explaining Proposition 111: Capping payday loans interest ratesFOX21News.com

all 2 news articles »

Google News

home | site map
TIGER MEDIA© 2006