Differences between Secured and Unsecured Loans - PowerPoint PPT Presentation

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Differences between Secured and Unsecured Loans

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Wonga loan lenders is one of the foremost loan lending company. Based in UK, this company offers a chance to the people to develop their personal lives, through their various loan schemes. The company offers a healping hands to every kind of people who are in dire need of money for various purposes. – PowerPoint PPT presentation

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Title: Differences between Secured and Unsecured Loans


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Differences between Secured and Unsecured Loans
Secured Loans Unsecured Loans
In which the borrower pledges some asset. No assets is being pledged
Interest rates are lower in comparison to Unsecured loans Interest rates are considerably higher
Higher borrowing limits and longer repayment terms  Lower Borrowing limits and short repayment terms.
  • http//wongaloanuk.com/applyform.php

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The lender can foreclose or repossess the property. There is no such method. Using Debt Collector, sueing and credit bureaus are the only methods left.
Examples of Secured Loans Mortgage Home Equity Line of Credit Auto Loan (New and Used) Boat Loan Recreational Vehicle Loan Examples of UnSecured Loans Credit Cards Personal (Signature) Loans Personal Lines of Credit Student Loans (note that tax returns can be garnished to repay delinquent student loans) Some Home Improvement Loans
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Secure VS Unsecure Loans
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Easy way to Take Loans Through Wonga Loan UK
  • Visit Website at http//wongaloanuk.com/
  • Click on the apply Form at http//wongaloanuk.com/
    applyform.php
  • Fill in the details asked in the form. It is
    quick form where not much details is required and
    quite easy to fill in.
  • Sit relaxed and get money in your bank account.

5
  • The Help comes from
  • http//wongaloanuk.com/
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