An infographic from Lending Expert that answers all the top secured loans FAQs for homeowners.
The graphic answers questions such as what a secured loan is, who they are suitable for, as well as the advantages and disadvantages of secured loans.
Secured loans – as opposed to unsecured loans – are loans which are secured against an asset, usually your home.
In return for the lower risk that this provides to lenders you will usually be able to borrow at a lower rate.
If you are looking for a secured loan you can find cheap loans from 2.3% APR on the Lending Expert website.
View the full infographic below:
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