(1888PressRelease)
June 22, 2007 - London (ask4loan.co.uk): Consumer debt levels in the UK have exceeded the £1.3 trillion mark. According to Steve Teague, boss of the finance company Click, independent financial advisers (IFAs) can help those in debt with secured loans. Strangely, this is an option frequently dismissed by advisers, either due to lack of awareness or sometimes an unwarranted past reputation.
Click is planning to work with IFAs on a more extensive level, as Teague believes that it will open up other solutions that can help the latter’s clients better.
He surmises: “By using secured loans solutions, for example, the IFA can help ameliorate debt pressures, and in some cases this can be a viable alternative to remortgaging.”
Teague adds: “This could be a homeowner who is tied in by fixed rate penalties or someone whose circumstances have changed since they previously took finance. The goal is to find the very best solution to suit the individual’s circumstances which may be a secured loan.”
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