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  2. How do secured loans work? - AOL

    www.aol.com/finance/secured-loans-020828573.html

    Secured loans often have higher loan amounts and lower rates than unsecured loans. Loans are a way to finance a variety of costs, and they come in two forms — secured and unsecured.

  3. Secured loan - Wikipedia

    en.wikipedia.org/wiki/Secured_loan

    A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults , the creditor takes possession of the asset used as collateral and may ...

  4. Secured vs. unsecured debt: What’s the difference? - AOL

    www.aol.com/finance/secured-vs-unsecured-debt...

    Personal loans, credit cards, student loans and medical loans are some forms of unsecured debt. Secured and unsecured debts have many similarities, but one major difference is whether collateral ...

  5. Passbook loans: Paying to borrow your own money - AOL

    www.aol.com/finance/passbook-loans-paying-borrow...

    Key takeaways. Passbook loans are secured loans that use your savings account balance as collateral. These loans can be a convenient way to borrow money while rebuilding your credit, as some ...

  6. What is a share-secured loan, and how does it work? - AOL

    www.aol.com/finance/share-secured-loan-does...

    A share-secured loan is a personal loan that uses the balance in your savings account as collateral. This type of loan generally has lower interest rates than other personal loans because it is ...

  7. Secured transactions in the United States - Wikipedia

    en.wikipedia.org/wiki/Secured_transactions_in...

    Secured transactions in the United States are an important part of the law and economy of the country. By enabling lenders to take a security interest in collateral (that is, the assets of debtors ), the law of secured transactions provides lenders with assurance of legal relief in case of default by the borrower.

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