Worried women may benefit from secured loans
18/11/2008Women who are struggling with debt and are concerned about their financial future may find a secured loan can get them back on track.
A recent survey by Moneywise has revealed 43 per cent of female adults are worried about money matters, compared to 25 per cent of their male counterparts.
Spokesperson Rachel Lacey commented: "As figures on economic growth and unemployment show that we are now heading into a recession it seems that women are taking this more seriously than men."
Moneywise advised anyone who was struggling with debt to face up to their problem and seek professional advice if necessary.
People who owe money may find they can cut their repayments by taking out a secured loan.
Homeowners can use these types of loan to pay off their debts and may find the interest rate is lower than on other forms of borrowing, as their property is used as security.
 © Adfero Ltd
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