Why secured lenders need to embrace technology

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Competition drives every market and the world of financial advice is no different.

Yes clients may still want an old-fashioned or traditional service in terms of face-to-face contact and depth of relationship, but they also want the speed, accuracy and efficiency that the latest developments can bring. If a client can go online and get an instantaneous and accurate quote for insurance, then why on earth is this not possible in the secured loans market? If a client can get a mortgage offer in seconds then why does the paper work behind a secured loan take so long to sort out? It doesn’t and this is exactly the point. We are getting to a stage where there is a clear dif...

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