Secured Loans

A secured loan is one where a lenders asks you to put up an asset as collateral in case you default on the loan. Collateral might include a car, a business, a home, etc.

Secured vs. Unsecured Loans

Secured vs. Unsecured Loans - Secured Loans Image 1

When it comes to taking on debt, there’s two main types of loans. In today’s post we’ll review what the difference is, why you should consider a secured vs. unsecured loan, and which type your current debts fall under. #1. Secured loans A secured loan … Read more