Jobs & Education0 min ago
Can Anyone Explain The Difference Between Secured Loans And Unsecured Loans
4 Answers
Which one is best to choose, Secured or unsecured loans?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Secured means you have something that the loan company can take off you if you don’t make the repayments, usually a house or a business. Unsecured means they trust you to repay. Secured are usually cheaper as less risky for the lender. There are also guarantor loans where the loan is secured by someone else who will be required to make the payments if you can’t
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