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UK Secured Personal Loans 2008
Datamonitor, April 2009
The collapse of the housing market has fed through to the second charge secured personal loan market. As house prices continue to fall, many secured lenders have left the market entirely while those that remain have tightened their lending criteria considerably. Those lenders still operating within the market will continue to find conditions difficult in the near future.
Key reasons to purchase this title
- Understand how the secured personal loan market will perform over the next five years.
- Gain insight into which lenders have been most popular among intermediaries.
- Understand how average APRs have altered as the credit crunch took hold.