Victory for victim of repossession

A man who was facing repossession by the provider of secured loans has enjoyed victory recently, after taking court action that resulted in the lender being unable to take repossession action against him for five years and having to cut the amount that he is repaying each month on his loan dramatically. Read more

Tags: Blemain finance, Peter Bentley, Blemain, secured loans, missed repayments, Blemain secured loans

Payment Protection Insurance For Loans

Every year many people in the UK take out a loan in some form or another, whether it is a secured loan that is secured against the home or whether it is a contract based unsecured loan. And for most of us the thought of not being able to meet repayments on the loan one day never really crosses our minds when we are actually taking out the finance. However, there are many unforeseen circumstances that could result in the borrower being unable to meet repayments on the loan, and this could lead to severe consequences, particularly in the event that the loan is a secured one. Read more

Tags: ppi, missed repayments, credit, contract, lender, Loans, severe consequences