While most people are suggesting that the secured loans sector is set for massive growth and will become a major market sector in its own right within the next decade, David’s article paints a stark warning that those firms in the market for a quick buck will be disappointed.
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While larger companies, such as Capital One, have experienced difficulties, small intermediaries and broker firms who have rushed into the market appear to have had their fingers burnt.
This should serve as a timely warning and highlight the importance of researching any possible new caveat to your business fully before committing your resources and time to the new business stream.
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