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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. 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 ...

4. 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 ...

5. What is an unsecured loan? - AOL

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

   Secured loans differ from unsecured loans in that secured loans require collateral. The lender won’t approve a secured loan if a borrower doesn’t agree to provide an asset as insurance ...

6. Common personal loan myths — and the actual facts you ... - AOL

   www.aol.com/finance/common-personal-loan-myths...

   Secured loans, such as car loans or mortgages, are backed by collateral. When you borrow a secured loan, the collateral can be repossessed if you fall behind on payments. However, unsecured ...

7. 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 ...

8. What is unsecured debt? - AOL

   www.aol.com/finance/unsecured-debt-020031866.html

   Personal loans, credit cards and student loans are common types of unsecured debt. To get rid of unsecured debt, you’ll have to pay it off or consider bankruptcy to discharge your debts.

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.