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  2. 7 Best Personal Lines of Credit - AOL

    www.aol.com/7-best-personal-lines-credit...

    A personal line of credit is a loan you can access when you need it. Rates vary among lenders. ... Best Secured Personal Line of Credit. Secured lines of credit require you to have collateral ...

  3. 8 types of personal loans and their uses — plus 5 to avoid

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

    Personal loans come in many forms, including secured and unsecured loans, debt consolidation loans and personal lines of credit. Unsecured personal loans are common among lenders and don't require ...

  4. 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.

  5. What is a personal loan? How it works — and what to know ...

    www.aol.com/finance/what-is-a-personal-loan...

    Secured personal loans are often available at credit unions or community banks and may be easier to qualify for than an unsecured loan, because your lender can take the asset if you default on the ...

  6. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage).

  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 ...

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