Secured personal loan range launched by Money Partners

Fri, 25 Nov 2005

A range of discounted secured personal loans has been launched by Money Partners.

The secured personal loans are only available for unregulated personal loans and a maximum of £100,000 can be borrowed.

Discount of 2.5 per cent applies to personal loan applicants with verified income. For self-certification borrowers the discount is two per cent, reports Mortgage Introducer.

Money Partners regards itself as "a leading innovator in the expanding and thriving" market for secured personal loans, according to its sales and marketing director, Adam Henry.

"Secured loans comprise an important part of our overall offering," Mr Henry tells the website.

He adds that Money Partners is "delighted" to offer the "exciting" new personal loans range "at a time when enthusiasm for secured loans has never been greater".

The new secured personal loan range is designed to strengthen the "significant presence" of Money Partners in the secured personal loans market, Mr Henry says.

The secured personal loans offered by Money Partners give borrowers the opportunity to choose between capital and interest-only repayments.

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