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  2. Secured vs. unsecured debt: What’s the difference? - AOL

    www.aol.com/finance/secured-vs-unsecured-debt...

    Personal loans, credit cards, student loans and medical loans are some forms of unsecured debt. Secured and unsecured debts have many similarities, but one major difference is whether collateral ...

  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 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.

  5. Is a small business loan secured or unsecured? - AOL

    www.aol.com/finance/small-business-loan-secured...

    Examples of collateral include cash, real estate, inventory and vehicles. Secured business loan pros and cons Keep these advantages and disadvantages in mind before applying for a secured small ...

  6. 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 ...

  7. 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 ...

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