Secured loans in UK are in a situation of tension
There is an alarming statistic that will concern anyone thinking about getting secured loans UK respondents to a recent survey felt, by a margin of seven to three, that is 70 percent of them, that the government was not doing enough to protect people from getting into debt. The UK government has set up the low cost stakeholder pension scheme, but this is not influencing this report. Somehow there is a change creeping into our society. On the one hand we still have a savings ethic. At the same time we now increasingly believe that debt is unavoidable for many of us. This creates a tension, of course. And the current student loan scheme is dong nothing to relive this.