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29 March 2010 03:45

Secured Loans And Remortgages Are Against Methods Of Debt Consolidation

For the three years of the recession the secured loans industry was in a state of deep depressioin as were the mortgage and remortgage sectors. The cause of the recession was, as is a well known fact, caused to a great extent by the reckless lending practices of banks and buildindg societies who liberally advanced loans both to private individuals and companies who simply could not afford to repay the debt.

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