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Secured v's unsecured loan
continualdiamond
Posts: 2,830 Forumite
in Loans
Just a q, which loan is better?
I have an unsecured loan, as at the time i was renting. Have bought my 1st place now, am i better getting a secured loan, would i get offered a better interest rate, my current interest rate is high really 10.9%.
Just wondering if its worth looking into once i have been paying a mortgage for a few mths, won't be doing it anytime soon as i know it won't be accepted with moving house as only rented for 2 years.
I have an unsecured loan, as at the time i was renting. Have bought my 1st place now, am i better getting a secured loan, would i get offered a better interest rate, my current interest rate is high really 10.9%.
Just wondering if its worth looking into once i have been paying a mortgage for a few mths, won't be doing it anytime soon as i know it won't be accepted with moving house as only rented for 2 years.
Mummy to two girls: October 2013 and February 2016
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