Released on = March 12, 2007, 12:38 am

Press Release Author = Andrew Baker

Industry = Financial

Press Release Summary = The fortune of thousands of borrowers could have turned into
agony, if the long heard program had been implemented. It was believed that, a hike
in interest rate of secured personal loans was going to occur.

Press Release Body = The fortune of thousands of borrowers could have turned into
agony, if the long heard program had been implemented. It was believed that, a hike
in interest rate of secured personal loans was going to occur. If it was the case
then, the secured personal loans, popularly known as friend-in-need, could bring
financial crisis in many borrowers' life. But, recently released financial statement
by Loans Fiesta has ruled out the increase of interest rate in near future.

In a press conference, Ms Julia Smith, the Financial Relations Executive of Loans
Fiesta said "the increase in interest rate of personal secured loans was just a
rumor without any base. Our financial forum comprising of 7 financial experts have
decided that, the present market situation is not suitable for any increase in APR.
Apart from this, we have to look after our borrowers' interest as well."

With this announcement, the popularity of secured personal loans has got a fresh
lease of life. And it can be said that, the secured personal loans will remain in
the list of borrowers' favorite financial deal, as it is capable of fulfilling every
sort of personal need.

Loans Fiesta is a financial service provider, which helps the borrowers get a wide
range of loans through hassle free process. Some of its popular services are debt
consolidation loan, personal secured loans, business loan, vacation loan, education
loan, auto loans, loans for unemployed and many more. For more information you can
log on to http://www.loansfiesta.co.uk

Web Site = http://www.loansfiesta.co.uk

Contact Details = Calleva Park
Birmingham
Warwickshire
UK
02 66822635