Wed 9 May 2007
Finding the right Loan.
Own a House or Property, Need a loan over £25,000. If you’re a homeowner
or have property in the UK you can apply for a secured loan.
The amount borrowed is subject to an monthly interest charge, and the
interest rate applied is known as the Annual Percentage Rate (APR) for
short. Generally, it is advisable to compare the Annual Percentage Rate of
different secured loans as a means of determining how competitive they
really are. It is not unusual for major Hight Street Lenders to offer
different APRs depending on the method of application e.g. applications by
telephone may receive a higher APR than those done online, so it’s well
worth shopping around for the cheapest loan deal
