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.
3 comments:
R. Walker
said...
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.
3 comments:
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.
"Housing - bricks and mortar - is the best kind of collateral."?
Fitch Ratings would beg to differ.
This is a good thing, is it not?
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