Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a ...

A secured loan is a type of loan backed by collateral, such as a car or a house. This collateral reduces the lender's risk, often resulting in lower interest rates and easier approval for borrowers.

You’ve got options for pizza. Options for cell phone service. Options for shoes. And yes, options for loans. The thing is, the loan you choose will affect your life far more than whether you go for ...

Before you sign on the dotted line, consider whether a secured or unsecured loan might be the best fit for your situation. Many or all of the products on this page are from partners who compensate us ...

If you’re looking to take out a loan, one of the first decisions you’ll need to make is whether is should be secured or unsecured. The two types of loan work in the same way in that you borrow a lump ...