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2. 8 types of personal loans and their uses — plus 5 to avoid

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

   Secured personal loans are less common and require collateral — but usually offer lower interest rates. You can use personal loans for a variety of purposes, such as consolidating debt, paying ...

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

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

   It’s possible to find a personal loan secured with collateral like a CD or another non-liquid asset — for example, Upgrade is a digital lender that offers a choice of an unsecured loan or one ...

5. 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 ...

6. Passbook loans: Paying to borrow your own money - AOL

   www.aol.com/finance/passbook-loans-paying-borrow...

   Passbook loans are secured loans that use your savings account balance as collateral. ... compared to the average unsecured personal loan rate of 10.73%. Minimal requirements.

7. What is a share-secured loan, and how does it work? - AOL

   www.aol.com/finance/share-secured-loan-does...

   A share-secured loan is a personal loan that uses the balance in your savings account as collateral. This type of loan generally has lower interest rates than other personal loans because it is ...