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  2. What is a CD loan? - AOL

    www.aol.com/finance/cd-loan-214859129.html

    CD loans can help build credit if payments are made on time, but defaulting can damage credit. CD loans are secured personal loans where you borrow money from your certificate of deposit. Like ...

  3. What Is a CD Loan? - AOL

    www.aol.com/cd-loans-borrow-against-certificate...

    Some banks offer personal lines of credit, which are open-ended and allow you to borrow up to a predetermined amount. ... Are CD-secured loans reported to credit bureaus? CD-secured loans may be ...

  4. Pawtucket Credit Union Review: Can Pawtucket Credit Union ...

    www.aol.com/pawtucket-credit-union-review...

    Lines of credit can go as low as 2.75% APR for the first 12 months, jumping to a low of 4.0% thereafter. ... Low rates on home equity loans and lines of credit. CD-secured loan available.

  5. Line of credit - Wikipedia

    en.wikipedia.org/wiki/Line_of_credit

    Most personal lines of credit are unsecured. This means the borrower does not promise the lender any collateral for taking an unsecured line of credit. One exception is home equity lines of credit (HELOC), which are secured by the equity in homes. [2] Secured lines of credit offer the lender the right to seize the asset in case of non-payment.

  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. 8 types of personal loans and their uses — plus 5 to avoid

    www.aol.com/finance/types-personal-loans-uses...

    Personal lines of credit typically have variable rates and can be secured by a banking asset, but you may be able to find unsecured options with online lenders or smaller banks. Lightbulb Who it's ...

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