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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. Secured vs. unsecured startup business loan - AOL

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

    Unsecured loan cons. Harder to qualify: Lenders may have stricter requirements if you want an unsecured loan. You might have to demonstrate higher revenue or wait until you’ve accumulated six or ...

  5. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    With a secured loan, the borrower pledges an asset (such as plant, equipment, stock or vehicles) against the debt. If the debt is not repaid, the lender may claim the secured asset. Unsecured loans do not have collateral, though the lender will have a general claim on the borrower’s assets if repayment is not made.

  6. 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 ...

  7. 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 ...

  8. Is a small business loan secured or unsecured? - AOL

    www.aol.com/finance/small-business-loan-secured...

    Secured business loans require collateral to back the loan. Unsecured business loans typically require a personal guarantee, while secured loans may have lower interest rates and higher borrowing ...

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

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

    That’s why some types of unsecured business loans may have strict eligibility requirements or higher interest rates than secured business loans. How unsecured business loans work

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