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

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

   Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a borrower fails to repay the loan as agreed, the lender can seize the ...

3. Unsecured debt - Wikipedia

   en.wikipedia.org/wiki/Unsecured_debt

   Unsecured debts are sometimes called signature debt or personal loans. [2] These differ from secured debt such as a mortgage , which is backed by a piece of real estate. In the event of the bankruptcy of the borrower, the unsecured creditors have a general claim on the assets of the borrower after the specific pledged assets have been assigned ...

4. 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 ...

5. What is an unsecured loan? - AOL

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

   Unsecured loan options may be less risky than other loan types for certain borrowers, but not all. When taking out any long-term debt, making a fully educated decision is crucial to promoting ...

6. 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 ...

7. %%title%% · %%sitename%% What is a Secured Loan and How Do ...

   www.aol.com/finance/title-sitename-secured-loan...

   A secured loan is a type of loan backed by collateral that your lender can seize if you don’t make payments. A mortgage is one of the most common types of secured loans. Your home is the collateral.