accepted.co.uk - the loans search engine

The Credit Crunch is really hitting home and the UK loans industry is feeling the effects too, meaning it’s harder than it has been for a long time to get a secured loan.

Talking exclusively to accepted.co.uk, one lender said, “The Credit Crunch has affected the availability of new finance for many lenders, which has increased loan rates in real terms to the customers.

“However, the equity in people’s houses still represents valuable collateral and lenders are still keen to provide good value finance for homeowners with sufficient equity.”

So there you go, straight from the horse’s mouth; the loans are still available, you might just need to look a bit harder.