Home Improvement Loans – for Home Improvement or Expansion Works
Home improvement loans, a sub-type of personal loans , are meant for home expansion or enhancement works like new room, kitchen upgrades, bathroom fittings, new furniture, wooden floors, garden landscaping, etc. Choose from the following sub-types of home improvement loans: Secured home improvement loan , designed for homeowners and property owners, is popular for its maximum benefits characteristics Unsecured home improvement loan , designed for tenants, home owners, property owners and people living with their parents, like students, is popular for its ‘no collateral’ feature A secured home improvement loan, as the name suggests, can be availed by offering collateral against the loan amount. The advantages of opting for this sub-type are – quick attention, high credit limit, competitive low APR, flexible payback terms and negotiable loan conditions. However, a secured home improvement loan has one risk and one limitation. The risk is collateral seizure, i.e., in case of rep