Press Release

Secured loans will add extra string to advisers' bow, says Click

- Major secured loans broker looks to cement relationship with IFAs

- Clients mired in debt will benefit

- Secured loans a viable alternative to remortgaging

CLICK, one of the UK's fastest growing secured loans brokers, today launches a new initiative urging independent financial advisers (IFAs) to see the opportunity of offering a helping hand to clients who are mired in debt.

As UK consumer debt levels soar past the £1.3 trillion mark, Click boss Steve Teague believes IFAs could assist those in the red with financial instruments such as secured loans - an option frequently dismissed by advisers due to lack of awareness or even sometimes a largely unjustified past reputation.

"As a secured loan broker, we understand the market better than most, and want to work more closely with IFAs to open up an alternative solutions dialogue that will assist their clients," said Teague.

"By using secured loans solutions, for example, the IFA can help ameliorate debt pressures, and in some cases this can be a viable alternative to remortgaging," added Teague.

"This could be a homeowner who is tied in by fixed rate penalties or someone whose circumstances have changed since they previously took finance. The goal is to find the very best solution to suit the individual's circumstances which may be a secured loan."

"In view of the FSA looking closely at Treating Customers Fairly (TCF), considering secured loans as another option for clients means IFAs will have added another string to their bow," concludes Teague.

Ends

Consumer enquiries: www.click.co.uk / 01252 728800

Press enquiries:

Steve Teague, Managing Director
Click
01252 728886
s.teague@click.co.uk

Lucie Ager, Account Director
David Andrews Media Ltd
1273 774109 / 07796 263 878
lucie@davidandrewsmedia.co.uk

David Andrews, Director
David Andrews Media Ltd
01273 774109 / 07941 255 855
david@davidandrewsmedia.co.uk

Editor's notes:

Click, based in Farnham, Surrey, is one of the fastest growing independent secured loans and life cover specialists in the UK.

Originally branded Click Group, the company was founded in 2000 by its Managing Director, Steve Teague.

The current structure of the business was introduced in 2001 with the formation of its life insurance and loans brokerages. Since then, the company has grown to employ over 230 staff and has recently branded under the name Click.

Now Click is one of the biggest players in the independent loans and life brokerage sector, and continues to expand with a strong, top drawer management team.

Click has ambitious plans for imminent growth and is on course to become the UK's number one online financial services firms by 2010.