Released on = February 21, 2006, 1:54 am

Press Release Author = Steve

Industry = Financial

Press Release Summary = Unsecured loans are commonly opted by people with bad
credit, with poor or no credit history, without an asset to secure the loan against,
people with county court judgments, mortgage arrears or debt problems. While many
opt for unsecured loans, people with bad credit continue to face difficulties in
getting such loans.

Press Release Body = Unsecured loans are commonly opted by people with bad credit,
with poor or no credit history, without an asset to secure the loan against, people
with county court judgments, mortgage arrears or debt problems. While many opt for
unsecured loans, people with bad credit continue to face difficulties in getting
such loans. But with the help of www.abacusmortgageloans.com, it is now easy to get
good loans, good repayment terms and good service. Here is what all you can save on
the site.

Cost savings
While most lenders offer similar interest rates and fees, some offer special payment
discounts that can reduce the cost of the loan. These repayment incentives or
borrower's benefits can include reduction in the interest rate of the loan, fee
rebates and principal balance reductions. At www.abacusmortgageloans.com, the
empanelled lenders offer the best interest rates and offer special discounts and
deals wherever suitable.

Time saving
While visiting various lenders, comparing rates and packages can be time consuming,
www.abacusmortgageloans.com, makes this much easy. A list of lenders is provided and
for a given amount, different packages and prices can be accessed. All this happens
on the same site at just a few clicks. Thus borrowers need not waste precious time
and resources in surfing the various lenders to choose the best package. Also as
unsecured loans do not involve any collateral, they do not require customers to get
their assets valued before the application can be proceeded. Thus time is saved here
too.

Effort saving
Different lenders offer different packages on unsecured loans. But to know the
current market trends, understand how such loans are faring and how many are being
converted into secured loans, borrowers need to understand the market well. For
this, they need to research online and visit various sites. With the help of
www.abacusmortgageloans.com however, work has become easy. The panel of experts
constantly taps the pulse of the market to understand the scenario and then
translate it meaningfully for customers.

Unsecured loans are loans that do not require customers to secure it against
collateral. These loans are generally opted by people who do not have an asset in
the form of property to secure the loan against. As collateral is not present, good
credit history is of high importance. While interest rates are higher for such
loans, in case of bad credit the payment terms become even tougher. In such a
scenario, it is suitable to opt for lenders that have designed specific packages for
unsecured loans. Check out the comprehensive list at www.abacusmortgageloans.com.


Web Site = http://abacusmortgageloans.com/

Contact Details = address: P O Box 430
phone no.: 1-877-597-5047
E-mail: egm_services@webpopularity.org
city: Seville
state: FL
country: USA