According to Moneyfacts.co.uk, the availability of secured personal loans is dwindling rapidly, and the last twelve months have seen eight lenders withdraw from the market.
There is no need to go out and do a good old fashioned bit of British panic-buying just yet though. There are still plenty of lenders out there willing to do business, it's just a case of taking a cautious and well-informed approach to make sure you get the best personal loan deal possible. The help of a personal loan expert is highly recommended if you are not familiar with the market and its movements.
