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  2. 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 ...

  3. 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 .

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

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

    A secured personal loan is backed by an asset you already own, such as a car, boat or RV. If you default on the personal loan, the lender can seize your property to recoup its losses.

  7. What is a personal loan? What you should know before ... - AOL

    www.aol.com/finance/personal-loan-213206505.html

    Because personal loans aren’t secured, you qualify primarily through your credit score and your debt-to-income ratio. Lenders advertise loan amounts between $1,000 and $100,000.

  8. What documentation is required for personal loans? - AOL

    www.aol.com/finance/documentation-required...

    Choose a secured personal loan. Secured personal loans are backed by collateral like a boat, car, home or RV. You’ll need to provide paperwork showing proof of ownership and the lender will need ...

  9. Where to get a personal loan - AOL

    www.aol.com/finance/where-personal-loan...

    The average interest rate on a three-year personal loan from a credit union is 10.58 percent, according to September 2023 data from the National Credit Union Administration (NCUA). However, the ...

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