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  2. Secured loan - Wikipedia

    en.wikipedia.org/wiki/Secured_loan

    A mortgage loan is a secured loan in which the collateral is property, such as a home.; A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.

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

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

    Secured and unsecured personal loans are available through banks, credit unions or online lenders. Different personal loan types are available for a wide range of purposes .

  5. Security interest - Wikipedia

    en.wikipedia.org/wiki/Security_interest

    In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral [1]) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. [2]

  6. 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.

  7. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    This process is also called "perfecting the security interest" in the property, and this type of loan is a secured loan. [2] A financing statement may also be filed in the real estate records by a lessor of fixtures to establish the priority of the lessor's rights against a holder of a mortgage or other lien on the real property.

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