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FAQs |
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What are secured loans? |
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Secured loans are loans that require collateral to be sanctioned. |
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What is a consolidation loan? |
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A consolidation loan unifies multiple loans into a single monthly repayment making the loan easier to pay off. |
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Who can apply for a secured consolidation loan? |
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Secured consolidation loans are available to all residents of the UK, whether tenants or homeowners, regardless of whether or not they can put up collateral. |
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What types of secured consolidation loans are available at Secured Consolidation Loans? |
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Secured debt consolidation loans, cheap debt consolidation loans, secured personal consolidation loan, bad debt consolidation loans, etc., are some of the different types of secured consolidation loans available with Secured Consolidation Loans. |
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Is payment protection recommended? |
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Secured Consolidation Loans recommends payment protection, as it is helpful in case the borrower is not able to make repayments on account of changes in personal circumstances. The borrower is safe since the loan will be paid. |
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What does APR stand for? |
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APR, or Annual Percentage Rate, includes the rate of interest and other charges payable on unsecured or secured loans for the purpose of better comparison. |
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Can one apply for secured consolidation loans if he has a bad credit history or CCJ against him? |
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Yes, one can apply for secured consolidation loan if he has a bad credit history or CCJ against him. |
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