According to research conducted by the price comparison website, MoneyExpert.com, the average interest rate available on a secured loan of £15,000 is currently at 5.9%, with the average rate for an unsecured loan standing at 8.44%.
"Do the math!"
The comparative savings between the two types of loan are truly substantial, so a secured loan is clearly the way to go, if you are eligible. A loans advice expert will save you time and effort, as well as being able to fill you in on the best current deals available to you.
