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Re:secured loans fixed rate (0 viewing) 
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TOPIC: Re:secured loans fixed rate
#5
financial2000 (User)
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secured loans fixed rate 8 Months, 1 Week ago Karma: 1  
Are secured loans fixed rate? Basically if I take out one now at say 7% for 10 years will the payments be the same, or could the rate be liable to jump up to say 9%

If rates did move, what safe guards do I have that the loan compnay will nit put up rates unreasonably (2 quarter point rises, they increase by 2%)?

What typically are the early repayment costs?

Probably looking at a loan with First Plus, please help - PM
 
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albert (User)
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Re:secured loans fixed rate 7 Months, 4 Weeks ago Karma: 0  
I don't think that secured loans have fixed rate, I'll have to check.
from what I know it will not be 9%
 
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