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2. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   Home equity loans come in two types: closed end (traditionally just called a home-equity loan) and open end (a.k.a. a home equity line of credit (HELOC)). Both are usually referred to as second mortgages , because they are secured against the value of the property, just like a traditional mortgage.

3. What is an unsecured loan? - AOL

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

   Unsecured loans are available as revolving debt — a credit card — or an installment loan, like a personal or student loan. Installment loans require you to pay back the total balance in fixed ...

4. Closed-end credit - Wikipedia

   en.wikipedia.org/wiki/Closed-end_credit

   Auto loans are especially beneficial in this respect. Successful management of a closed-end credit is a very demonstrative indicator for future lenders. The peculiar feature of closed-end credits is that they preserve the same interest rate level and the loan principal is not increased after the disbursement of funds or after the partial repayment.

5. Line of credit - Wikipedia

   en.wikipedia.org/wiki/Line_of_credit

   A closed-end line of credit, on the other hand, has a fixed term. The term is divided into a draw period, where the borrower can draw money from the LOC as needed up to their credit limit, and a repayment period, where they can no longer draw money and are required to make monthly payments. [9]

6. Types of unsecured business loans - AOL

   www.aol.com/finance/types-unsecured-business...

   You can get many types of unsecured business loans, including term loans, business lines of credit and an SBA loan of $50,000 or less. You can use an unsecured loan to purchase inventory, an ...

7. What is an unsecured business loan and how does it work? - AOL

   www.aol.com/finance/unsecured-business-loan-does...

   An unsecured business loan works similarly to other types of business loans. You submit an application, wait for the lender to decide, and if you’re approved, you get the cash and pay it back ...