Cambridgeshire, UK United Kingdom (PressExposure) January 08, 2008 -- These days online loan application process is the way how a borrower in the UK applies for a loan. Loans Fiesta today said that as it is experiencing a sudden spurt in the number of application for secured homeowner loans, it is increasing the number of loan approvals for it. However, it can be noted that only few days back, it was of the view that this online loan agency will be scrutinising the application for homeowner loans more stringently.
Speaking on behalf of Loans Fiesta, its Spokesperson Mrs. Annie Thatcher said, âEarlier we had the view that by scrutinising secured homeowner loans more stringently we would be able to minimise the number of loan approvals. However, when we consulted the lenders associated with us, they had a different view. They were of the view that we should capitalise on the number of applications we receive. For that they also came forward with huge funds which will be given as secured homeowner loans to borrowers applying through our online loan agency.â
This sudden change in the stance of this online loan agency is bringing cheers for many borrowers all around the UK. Some applicants were of the view that while the increase in the number loan approvals is a welcome step they were worried about the unrelenting APR associated with such loans. To that, Mrs. Thatcher was of the view said, âDo not worry, we are also coming up with new schemes to lower your monthly expenses towards repayment of secured homeowner loans availed through us. For exact figures on that front, please be patient and wait for few more days.â
If the words of the spokesperson are to be believed, it is sure that it will be testing time for secured homeowners loans in the UK in the coming few weeks. And, Loans Fiesta will play a major part in doling out this priceless bonanza for everyone in the UK. However, only future will relate whether the view of the online loan agency was correct or not.
Loans Fiesta is an online loan agency, which helps in aiding a borrower to avail a wide range of loans. Some of its popular services are secured loans, debt consolidation loan, business loan, vacation loan, education loan, auto loans, and loans for unemployed. For more information on the various kinds of services it has, you can log on to http://www.loansfiesta.co.uk/