Simply, a secured loan is a loan which is backed by assets which belongs to the borrower in order to shrink the rate of risk assessed by the lender. Here, you need to understand ...
Most Recent Articles For: borrower
Written by admin on May 22nd, 2011
Written by admin on May 22nd, 2011
Loans play an integral part in most of the resident UK population. They provide a much needed source of finance to the people who find themselves on the lookout for finances to satisfy their ...
Written by admin on May 21st, 2011
One type of eLoan is the payday mortgage. This mortgage additionally goes by several names- money develop mortgage, post-dated check mortgage and so forth. With this sort of mortgage, the borrower needs to pay ...
Written by admin on May 21st, 2011
While everybody appreciates the legislative intention behind enacting special legislations like RDDB Act, 1993 and SARFAESI Act, 2002, when it comes to the sale of mortgaged property through auction, many interesting points would emerge ...
Written by admin on May 21st, 2011
The absence of collateral ensures:
Swift loan approval - lender only evaluates the mortgage seeker's credit score heritage and upcoming payback capacity
Significantly less pitfalls - no threat of house seizure by the loan company in ...