Tuesday, August 28, 2007

Unsecured loans to become cheap

Starting first week of next month, unsecured loans are to become cheap says Personal LoansX. The loans arranged by this online loan agency are going to cost less to borrowers as the lending rates charged by the lenders associated with this agency is lowered.

Announcing this, its spokesperson Ms. Rebecca Dorothy told, “The lenders associated with us have been too generous to offer lower the loan rates to borrowers. When we approached the borrowers, they opined that given the kind of service we give to the lenders and borrowers they will be able to lower APR associated with the loans. In addition, they also said that they will be coming up with new loan solutions to empower our borrowers.”

Ms. Rebecca also said, “The unsecured loans arranged us are of lower APR plus the lenders does not have a say on the way a borrower wishes to spend it. In addition, the flexibility in terms of repayment of these loans, and terms and conditions associated with such loans are conducive for a borrower in the UK. The facility of online application process is another factor that eases up the process of loan application.”

The statement from Ms. Rebecca implies that Personal LoansX is arranging unsecured loans at lower APR with numerous benefits. With the rising bank rate, the lowering of APR by the lenders associated with this online loan agency will be something that is hard to sell. Only future will tell whether the lowering of APR by the lenders are helpful for a borrower to borrow finance through Personal LoansX or not.

Personal Loansx is a trustworthy loan arranger. Personal loans, bad credit personal
loans, personal secured loans, debt consolidation loans, cheap personal loans are some of the loans, which are organized at Personal Loansx. Free no obligation loan quote service is also available at Personal Loansx, which enhances customer experience.

Source:http://www.prleap.com/pr/91035/

No comments: