UK banks have fallen out of love with structured personal loans. Secured lending is so much better. Housing - bricks and mortar - is the best kind of collateral.
How long will it take for banks to run down their secured loans to zero. Judging by this picture, the banks have reduced their exposure by 20% already.
UK banks have fallen out of love with structured personal loans. Secured lending is so much better. Housing - bricks and mortar - is the best kind of collateral.
How long will it take for banks to run down their secured loans to zero. Judging by this picture, the banks have reduced their exposure by 20% already.
ReplyDelete"Housing - bricks and mortar - is the best kind of collateral."?
ReplyDeleteFitch Ratings would beg to differ.
This is a good thing, is it not?
ReplyDelete