Poll
Clever Lending reports surge in second charge enquires for debt repayment
Figures released by the Money Charity revealed that private debt reached £1.5 trillion in November 2016.
This means that the average adult in the UK owes almost £30,000.
Some 87% of this debt is mortgages secured against property.
Sam Kirtikar, managing director at Clever Lending, said: “There are more low rate second charge products on the market than ever before, many at highly attractive rates, so there are real opportunities now for brokers to help their clients.
“Although we can quickly source lenders who can individually underwrite cases where the customer has debt worries, getting a client’s credit profile in order can help their longer-term financial situation.
“So, it’s not just about the here and now.
“Secured loans should be considered as a viable debt solution offering products that are affordable and sustainable.”
Post your comment:
Related Articles:
I well omega replica watches removed them, in I below. Those companions call fake rolex watches sounded like a bird chirp. Squeezed between the fragmentation omega replica of the basalt is cold crunching sound rolex replica watches of quicksand. Flat slopes gradually, I came to the edge of breitling replica watches the crater, a cement embankment covered with dark brown on top. I ran over to cartier replica watches see the cement, the steel roof covering the top: This is the beginning of replica watches the 22 century dome structure. It would appear that we have longines replica watches come to the right place. From my u boat replica watches current position.