Archive for May, 2009

How does a secured loan work?

May 14th, 2009

I'm looking to start up a business, and borrowing money from my dad. He has the liquid, would a secured loan be good or a business loan?
10k loan, he has the funds I just need it for 6 months or less. It will be paid in full then.
Son, I don't mean to embarrass, but you [...]

What is best a secured loan or remortgage?

May 1st, 2009

I need to take oout £30k for debt consolidation. Is a secured loan (i can't get an unsecured loan) over 5 years or remortgage. I suppose if i remortgage it will be over 20 years? Any advice?
I work for a debt advisory company and have found a lot of our clients have got themselves into [...]