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

Guide to Secured Personal Loans


Here is a useful guide to secured personal loans. A secured personal loan is the generic term for a loan. A secured personal loan is when you take out a loan that is secured on your property.

A secured personal loan is secured against your home to act as security to the lender for the money you have borrowed. A secured personal loan is often referred to as a homeowner loan.

Secured personal loans are an ideal solution for homeowners who have recently been refused a personal loan or for home owners wanting to borrow a larger loan amount.

The property you own is valued and the lender can then decide how much they are willing to loan you. A secured personal loan can sometimes be the best option if you are looking for lower rates of interest, longer repayment lengths and own your home.

Secured personal loans are 'secured' on the assets of the borrower. The most often used asset for a secured personal loan is the borrower's home. In some cases lenders may allow the loan to be secured against other items of value. Because the lender has security, the interest rate (APR) offered is usually lower than for unsecured loans, but rates can vary greatly depending on individual circumstances. Secured personal loans offer lower interest rates, due to the lower risk that is being taken on by the loan company.

So, why do people take out secured personal loans? Well, firstly you may want to borrow money in order to increase your home's value by making improvements to your home. Others may take on a debt consolidation loan, which means that you take on a large loan for a long period, which pays, off your other loans and credit cards and you end up paying a smaller monthly payment than you were paying with all of your other loans together.

The application process is a lot longer with secured personal loans than with unsecured loans, due to the fact that your loan provider will need to value your home.

The amount that you borrow for a secured personal loan may be limited by your collateral value in your property. So, the greater the collateral, the greater the amount you can borrow against it. Even if you have had credit problems in the past, you may still be able to get your funding.

With a secured personal loan you can borrow from 5,000 to 75,000 with low monthly repayments. Loans may be taken out over terms ranging from 5 to 25 years giving you the option of setting repayments at a level with which they feel comfortable.

Secured personal loans tend to have a lower interest rate compared to unsecured personal loans. This is because there is less risk involved for the lender because the loan is secured on your property.

If you default on your payments, you will find that loan providers will be a good deal more patient with you. Because they know that they have your home as collateral for the loan, they will give you more time to recover from whatever problems you are having that are making you late on your payments. This is not guaranteed though, so take the time to plan your payments and make sure that you can make them comfortably before you take the loan out.

Majority of lenders offer the option of fully comprehensive insurance cover to protect your payments in the event of the unexpected.

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

About The Author
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:
Leveraged Loans Are The Achilles Heal Of The Bond Market  Forbes

Leveraged loans are doing worse than high yield and there are signs that more pain is yet to come.


Merkley bill targets predatory unsolicited loans  KTVZ

Sen. Jeff Merkley (D-OR), along with Sens. Doug Jones (D-AL) and Tom Cotton (R-AR), announced Tuesday the introduction of bipartisan legislation that would ...


More parents struggle to repay loans they borrowed for their children's education  CNBC

As college costs rise, more students are hitting their federal loan limits with a large portion of their bill still unpaid. Increasingly, their parents are borrowing to ...


Now Loan Investors Are Heading for the Exits  The Wall Street Journal

Speculative-grade loans, a rare bright spot in the fixed-income world for most of the year, have hit a rough patch, posing challenges for businesses that have ...


4 Small Business Loans You Can Get in 24 Hours  Nav

Cash issues aren't always predictable for small business owners. For tricky situations like these, here are 4 business loans you can get in a jiffy.


"Buy now, pay later": Old-fashioned loan-sharking with a Silicon Valley smile?  CBS News

Tech companies like Affirm, Afterpay and Klarna are offering instant installment plans as an alternative to credit cards.


Millennials drive loan services that are more like loan sharking  myndnow.com

High-interest digital loans, popular with Millennials, may be nothing more than old-fashioned loan sharking.


SBA urges applications for loans following Hurricane Michael  Moultrie Observer

ATLANTA — The U.S. Small Business Administration announced last week that Economic Injury Disaster Loans are available to small businesses, small ...


Did Ross Spano rely on questionable loans during 2012 race, too?  Florida Politics

As U.S. Representative-elect Ross Spano faces questions about how he financed his recent congressional campaign, new questions have arisen about how he ...


India's Modi seen forgiving farm loans as he seeks to win back rural voters  Reuters

Indian Prime Minister Narendra Modi's government is likely to announce loan waivers worth billions of dollars to woo millions of farmers ahead of a general ...


Sputtering Oil Industry Puts Brakes on Nigerian Bank Loans  Bloomberg

Nigerian lenders are in retreat. Rising costs and declining appetite to lend is prompting banks to repay dollar borrowings.


Disaster loan applications still being accepted for Tropical Storm Michael damage  Roanoke Times

A handful of Roanoke Valley property owners have sought and received federal disaster aid in the wake of the October flooding unleashed by Tropical Storm ...


2018 Has Been a Record Year for U.S. Small Businesses Bank Loans  PaymentsJournal

According to the Biz2Credit Small Business Lending Index™, U.S. small businesses are more likely than last year to be approved for loans from big banks with ...


What will happen to my student loans now Virginia College closed?  WJBF-TV

AUGUSTA, Ga. (WJBF) - With 70 Virginia College campus, including one in Augusta, shut down, it's the largest closure since two other for-profit colleges ...


Ask a Hero: My Parents Can't Get PLUS Loans Anymore — How Can I Pay for College?  Student Loan Hero

A student loan expert answers a reader's question on what to do if you've turned 24 and as a result, your parents can no longer take out PLUS loans for your ...


Virginia College students worry about loans and transferring credits  WHNT News 19

HUNTSVILLE, Ala - It has been almost a week since Education Corporation of America announced it was closing all its colleges, which includes Virginia College ...


How to avoid this common and billion-dollar student-loan trap  MarketWatch

A new analysis tries to estimate the impact of forbearance.


Modi seen forgiving farm loans for rural support  Seeking Alpha

Prime Minister Narendra Modi's government is likely to announce farm loan waivers worth as much as 4T rupees ($56.5B), government sources and analysts ...


Instant shopping loans cause worries for shoppers | News  KCTV Kansas City

There are a handful of tech companies offering something called “point-of-sale loans.”


Do These 5 Things Now That The Student Loan Grace Period Is Over  Forbes

And just like that, your six month grace period on your student loans is over. Here are 5 things to consider doing next. Your 5 Next Steps. There is typically a six ...


Lenders target California seniors with costly clean-energy loans  The Mercury News

Elderly homeowners who have built a sizable nest egg over many years are being targeted by financial lenders to take energy-efficiency home improvement ...


Ecuador is feeling pain of China loans  Herald-Mail Media

QUITO, Ecuador — Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China.


Coalition challenges USDA loan exemption | Livestock  Capital Press

A coalition of environmental and community groups is challenging the USDA's decision to exclude loans to medium-sized “concentrated animal feeding ...


Small Business Administration to offer loans for tornado damage  Frederick News Post

The U.S. Small Business Administration will offer low-interest federal disaster loans to businesses and residents affected by the Nov. 2 tornado that hit Mount ...


Butte County BOS votes to forgive loans for Concow residents who lost homes to fire twice  KRCRTV.COM

The Butte County Board of Supervisors met on Tuesday to discuss Camp Fire concerns amid the devastation and destruction. In addition the Butte County Sheriff ...


Were Your TEACH Grants Converted To Loans While Teaching At A Qualifying School?  NPR

If you're one of the thousands of teachers who had grants converted to loans even though you were meeting the teaching requirements of the TEACH Grants ...


This 34-year-old celebrated his birthday by paying off the last of his $117,000 in student loans—here's how he did it  CNBC

A New York-based financial reporter paid off the last of his almost $117000 student loans just before turning age 34, including $16000 in 2018 alone. Roughly ...


Allianz GI Sees Leveraged Loans as Potential Driver of Next Slowdown  Bloomberg

Mona Mahajan, U.S. investment strategist at Allianz Global Investors, warns about the potential economic impact of corporate leveraged loans, while the firm's ...


Parents struggling to repay college loans, report finds  Tampa Bay Times

Parents are increasingly shouldering the student loan burden and risking their financial health to do it, according to a new report.


Teachers in grant program could see their loans erased by U.S. Education Department: report  NOLA.com

The U.S. Department of Education is finalizing a plan to help teachers who have been wrongly saddled with debt because of a federal grant program.


Help, I Can't Afford My Student Loans  Forbes

If you can't afford the monthly payments for your student loans, you're not alone. U.S. Secretary of Education has called the rising student loan debt issue a ...


5 people who paid off their student loans really fast: How they did it  Ladders

Here are stories of five people who went to extreme measures to pay off huge student loan debt in lightning-fast time. Learn from them.


China Nov new loans rise to 1.25 trln yuan, beating forecasts  Reuters

BEIJING, Dec 11 (Reuters) - Chinese banks extended 1.25 trillion yuan ($182 billion) in net new yuan loans in November, more than analysts had expected and ...


She took out $20,000 in loans for her son's college. Then he went blind  CNBC

A bipartisan bill would allow parents who borrowed student loans for children who became severely disabled to walk away from their debt.


Here's How Parents Can Repay Parent PLUS Student Loans  Forbes

Parents are borrowing more to send their children to college and struggling to repay those loans, says a new study from The Brookings Institution. Here's what ...


State development corporation recognizes GAB for small business loans  Dubois County Free Press

German American Bank's utilization of the US SBA 504 loan program for small businesses was recognized by Indiana Statewide Certified Development ...


A new study says an overwhelming majority of millennials want to be homeowners, but student loans are holding them back  CNBC

For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future — but ...


Loan Deals Scrapped or Sold at Deep Discount as Market Falters  Bloomberg

It used to be a breeze for a company to get a loan, even a highly risky one. Now, not so much. While the party isn't quite over, financial jitters around the world ...


How’s the Market? All kinds of real estate loans: Part III  Ukiah Daily Journal

This is the third in a series describing the various types of real estate loans. Whether you have excellent credit or no credit, whether you've saved for a down ...


Logistics Property Co. closes $90 million in loans with J.P. Morgan  Business Wire

CHICAGO--(BUSINESS WIRE)--Logistics Property Company, LLC (LPC), a logistics real estate platform focused on the acquisition, development and ...


$1.3B award upheld against racecar driver over payday loans  NBCNews.com

A U.S. appeals court on Monday upheld a nearly $1.3 billion award against pro racecar driver Scott Tucker, who was sent to prison following a conviction for ...


Trouble brewing in Kenya’s house loans market  The East African

Kenya's housing loans market is going through a rough patch that has seen the premier mortgage lender HF Group slide into a loss-making territory with two ...


Ecuador faces a huge budget deficit because of loans it received from China  Los Angeles Times

Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China. But the loans have ...


Racecar driver must pay $1.3 billion award in payday loan suit  Fox News

A U.S. appeals court on Monday upheld a nearly $1.3 billion award against a pro racecar driver who was sent to prison following a conviction for cheating ...


California community colleges reject state aid tied to allowing students to seek federal loans  EdSource

For years 22 California community colleges did not participate in the federal student loan program, blocking students from taking out federal loans to cover their ...


Big banks reaped $1bn from home loans 'while customers lost hundreds', ACCC says  The Guardian

Competition watchdog says banks' 'opaque' pricing strategies makes it hard for customers to work out best mortgage deal.


Some who suffered Hurricane Michael damage may be eligible for loans  Charleston Post Courier

Small businesses, farmers' co-ops and some nonprofits affected by Hurricane Michael in October may be eligible for low-interest loans from the federal ...


Forgiving All Student Loans: A Bold Idea, or Welfare for the Well-Off?  The New York Times

Readers react to David Leonhardt's argument that it's an alluring but misguided idea. Some offer their own stories of debt hardships.


Don't make this common student loan mistake that can cost you thousands of dollars  CNBC

Nearly 45 million Americans have some kind of student loan debt, and the system for paying back those loans can be confusing. That means it's all too easy to ...


Leveraged Loans Take a Much-Needed Breather  Bloomberg

The $1.3 trillion U.S. leveraged-loan market has fallen on hard times after a remarkable year in which the floating-rate debt torched the rest of the fixed-income ...


Just Approved: Bridge loans ease the transition for move-up buyer  SFGate

Mortgage adviser: Brenda Wyatt, All California Mortgage. Property type: Single-family residence in Oakland's Redwood Heights neighborhood.


The Risks Of Energy Efficient Loans  KPBS

Lenders are selling seniors on the idea of home renovation work; sometimes homeowners don't realize they've taken on debt until it's too late.


Lawmaker says students’ loans and GI Bills could be salvaged following closure of Virginia College | WJAX-TV  ActionNewsJax.com

Student left in limbo following the abrupt closure of Virginia College could get some relief.


Editorial: Feds should investigate Spano loans  Tampa Bay Times

The new U.S. House Republican acknowledges he received personal loans and then loaned his campaign most of that money.


Hard-up firms in China use cashmere and pork to repay loans  The Economist

LI XINTONG DID not want one overpriced cashmere sweater, let alone a hundred. But when his loan to Jicai came due, the investment firm offered to repay him ...


Black Friday 2018: Should you get a personal loan for holiday shopping this year?  USA TODAY

Americans are forecast to spend more than $1000 during the holidays. Many people turn to personal loans to finance that spending.


Yes, student loans really are making millennials go broke | TheHill  The Hill

Ten years after America's largest financial institutions upended the economic livelihood of millions of millennials entering the job market, a new report from the ...


Grace Period for Student Loans Is Ending, and Bills Are Coming Due  The New York Times

Now, say advocates for borrowers, is the time to figure out what new graduates owe and to whom and whether they need to adjust the payment amounts.


The Benefits Of Taking Out Loans For College  NPR

Counselors and parents are hesitant for students to take out loans for college. But a new study shows that borrowing money can actually be helpful to students in ...


Your Former Student Loan Watchdog Is Back  Forbes

Your former student loan watchdog resigned in September. Now, he's back in a new role. Here's what you need to know and how it can affect you. The Student ...


To Pay Off Student Loans Early, What Other Financial Goals Should I Put on the Back Burner?  Motley Fool

In the United States, total educational debt sat at about $600 billion a decade ago. Today, it's above $1.5 trillion. That's a whole lot of college loans dragging on ...


How We Help Employees Pay Down Student Loans and Save for Retirement at the Same Time  HBR.org Daily

A small percentage of U.S. companies — including PwC, Fidelity, and Aetna — have stepped up to help their employees cope with the education loans weighing ...


Ross Spano should be disqualified from Congress after illegal campaign loans, top Florida Democrat says  Tampa Bay Times

The head of the Florida Democratic Party said newly elected U.S. Rep. Ross Spano should be disqualified from serving in Congress after he acknowledged he ...


These were the top 10 outer borough loans in November  The Real Deal Magazine

The largest outer borough loan last month was once again in Long Island City. The top loan in November was for $275 million for Tishman Speyer's 28-10 ...


Former small business chief: Big tech loans will change things 'completely' for mom-and-pop shops  CNBC

Near-instant loans from online giants like Amazon and PayPal are fundamentally changing the way small private shops do business, says former Small ...


This 27 year old lives in a van to save money—here's how he makes it work  CNBC

"I feel more financially competent and stable and well-set up than I ever have," says John Sweat, who is able to save more by living in his van, and who aims to ...


AIB lines up record €3.4bn loan portfolio sale  The Irish Times

Transaction would be largest book sale on original loan values by bailed-out Irish bank.


Fareway offers employees help paying off student loans  Des Moines Register

Fareway is offering full-time workers a new benefit that will assist them with studen loan repayment.


SBI plans to disburse agri loans digitally: Official  Economic Times

The country's largest lender SBI is running pilot projects to disburse agricultural loans digitally and expects to roll out the services very soon, a top official said ...


Here’s How the Student Loan Landscape Has Changed Since 2013  Bloomberg

The latest numbers on student loans were all too familiar: Outstanding debt hit another record and delinquency rates spiked in the third quarter, according to ...


Loan Annulment Program Ongoing Successfully  Georgia Today

Nikoloz Chkhetiani, Chairman of the Board of the Cartu Foundation, told media that the program of loan annulling in banks is ongoing successfully. Chkhetiani ...


America's Heavily Levered Companies Layer Loans Over Loans  Bloomberg

First the companies tapped the loan market. Not long after that, they came back for more.


In Rare Move, India's Top Bad-Debt Buyer Eyes Consumer Loans  Bloomberg

India's massive pile of bad business debt has kept asset-reconstruction companies busy in recent years.


What to Do Now That the Student Loan Grace Period Is Over  Lifehacker

College grads with public student loans typically get a six-month grace period after convocation before they have to start making payments. And that means for ...


What is a subprime loan? - Autoblog  Autoblog

This is part of a series breaking down all the terms you need to know if you're buying a new or used car from a dealership. Check out the rest of the series at our ...


Do I Have to Repay a Loan to an Ex-Lover?  The New York Times

The magazine's Ethicist column on repaying a loan from a now ex-fiancé and apologizing to a friend whom you agreed not to contact after making a pass.


Carl on the perils and pitfalls of co-signing for someone's loan  WIBW

Has a friend or relative asked you to sign on, so they can borrow money? Here's why Carl Carlson says you should say no!


Ex-lawyer forged signatures to get home loans, admits $16.8m swindle  The Age

Former Melbourne solicitor swindled almost $17 million from clients, financial institutions and family members over a decade.


How The Midterm Elections May Affect Your Student Loans  Forbes

Here's how the midterm elections could impact your student loans.


Market Excesses 'Approaching A Threatening Level': IMF Issues Stark Warning On Leveraged Loans  Forbes

An unusually blunt warning about the massive market in leveraged loans from a normally-circumspect International Monetary Fund should give investors pause.


A Default Setting That Can Ease the Student Loan Crisis  Bloomberg

Student loans are imposing crushing burdens on millions of young Americans. According to one account, about one-quarter of the borrowers who began ...


Fed's Warning on Leveraged Loans Seconded by U.S. Bank Regulator  Bloomberg

A key regulator of Wall Street banks has joined the Federal Reserve in warning about risky corporate borrowing that has reached record levels as lender ...


Florida Attorney General sues Marlin Financial over loan practices  Tampa Bay Times

The Attorney General is asking for a $10000 penalty for every unfair and deceptive trade practices act, $15000 for instances that affected senior citizens.


Borrowers who repay loans early to benefit from new moneylending business model  Channel NewsAsia

Six companies in Singapore will pilot new business models for moneylending, which would grant borrowers better terms if they repay their loans early or on time, ...


SoFi CEO Anthony Noto: Our loans 'have really strong risk controls'  CNBC

Jim Cramer and SoFi CEO Anthony Noto break down how the millennial-facing financial company is preparing for an environment with higher interest rates.


Betsy DeVos: Student Loan Debt Is Now A 'Crisis'  Forbes

Outstanding student loan debt has now reached a record $1.5 trillion.


Shocking payday loan schemes motivated this KC startup, which just won $1 million  The Kansas City Star

Onward Financial has won a $1 million grant to expand its personal finance app, launched in Kansas City partly due to the city's sordid history of predatory ...


Is Public Service Loan Forgiveness Going Away?  Forbes

Public *Service* Loan Forgiveness (PSLF) has been in the news a lot lately. By way of background, PSLF is a program that allows student loan borrowers to have ...


What Is a Tuition Loan — And Should You Get One?  Student Loan Hero

Tuition loans can be an option for some college students, alongside more traditional student loans. Here's a look at what a tuition loan is, and whether it's a smart ...


How these Stanford grads are helping immigrants rent apartments and get loans in the US  CNBC

When immigrants come to the U.S., their credit history gets left behind, limiting their access to things like student loans, credit cards and apartment leases.


DeVos decries student-loan program as a ‘looming crisis’  Washington Post

Education Secretary Betsy DeVos on Tuesday warned that the federal student aid program is a “looming crisis in higher education” in a speech that some ...


Loans to SMEs via commercial banks not working - ACCI  Daily Trust

Disbursing loans to Small and Medium Enterprises (SMEs) through commercial banks is not working in the interest of both the government and the businesses ...


Over $63 million in loans mostly aimed at water programs in Louisiana  WAFB

The United States Department of Agriculture Rural Development awarded 14 grants and loans.


Fintech Rundown: Quicken Loans, LoanBeam, Calyx Software and more  HousingWire

Quicken Loans announced it has partnered with LoanBeam to streamline the application process for its broker partners. Quicken Loans rolled out the tech to its ...


Take stock of student loans as grace period ends and bills come due  The Seattle Times

Many student loans have a six-month grace period, which means that bills are starting to arrive. Now is a good time for borrowers to take stock of their loans ...


These were the 10 largest Manhattan real estate loans in November  The Real Deal Magazine

The top 10 Manhattan loans recorded in November totaled $2.9 billion, with three loans worth more than $400 million for the first time this year. In another 2018 ...


Loan shark gets 14 years for raping victim who couldn’t pay  South China Morning Post

Court in Inner Mongolia hands down prison terms to members of three criminal groups as part of nationwide crackdown.


Itaú and StanChart launch blockchain platform for loans in Latin America  Reuters

Banks Itaú Unibanco Holding SA and Standard Chartered have partnered to develop a blockchain-based platform for small syndicated loans, both companies ...


Sonoma County CEO accused in student loan debt relief scheme to be released on house arrest  KGO-TV

A Sonoma County man accused of running a student loan debt relief scheme that collected 28 million dollars over 4 years appeared in court for the first time ...


Outstanding student loan debt hits nearly $1.5 trillion: report  NOLA.com

Outstanding student loan debt increased by $37 billion, according to a report by Bloomberg.


home | site map
TIGER MEDIA© 2006