Secured vs. Unsecured Loan: What’s the Difference?

Secured versus unsecured loan: If you’re Googling this phrase, odds are you’re immersed in the process of looking for a loan, and need some clarification on the difference between these two types. So here’s the deal: A secured loan means you put up something of value as a promise you’ll pay the loan back. An unsecured loan requires…

via Secured vs. Unsecured Loan: What’s the Difference? — Real Estate News & Insights | realtor.com®Finance – Real Estate News & Insights | realtor.com®

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