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2. 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 ...

3. How do secured loans work? - AOL

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

   Some secured loans can only be used for its intended purpose. Secured loan vs. unsecured loan. Some loans, such as personal loans, can be either unsecured or secured, depending on the lender. If ...

4. What is an unsecured loan? - AOL

   www.aol.com/finance/unsecured-loan-204331407.html

   Unsecured loans vs. secured loans: which is better? Secured loans differ from unsecured loans in that secured loans require collateral. The lender won’t approve a secured loan if a borrower ...

5. 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 ...

6. Secured transaction - Wikipedia

   en.wikipedia.org/wiki/Secured_transaction

   2) The dealership repossess the car and sells it for less than the amount of the debt, let's say $9K (more likely scenario). In this case, the secured creditor dealership keeps the $9K, and the remaining $1K (deficiency) that the dealership is owed becomes unsecured – it is on the same level of priority as the other two unsecured loans. Those ...

7. What is a personal loan? How it works — and what to know ...

   www.aol.com/finance/what-is-a-personal-loan...

   Secured vs. unsecured loans. The vast majority of personal loans are unsecured — which means they don’t require any collateral. You apply for the loan, and the lender reviews your application ...

8. Unsecured debt - Wikipedia

   en.wikipedia.org/wiki/Unsecured_debt

   Student loans – This common type of debt is considered unsecured in many countries, because the loan is usually taken by a student (usually at graduate or undergraduate level) or the student's parent or legal guardian to pay tuition fees. The borrower is usually expected to pay back the loan after completing the course and securing a job, and ...

9. Secured vs. Unsecured Personal Loans: What's the Difference?

   www.aol.com/news/secured-vs-unsecured-personal...

   Secured and unsecured personal loans work for similar purposes. Find out the key variations between each of these loan types.Image source: Getty Images.