Category: Secured Loans

Secured Loans for People with Bad Credit

Secured Loans for People with Bad Credit

For people with bad credit, secured loans can be procured more easily as compared to unsecured loans for bad credit since the latter is made available by lenders to consumers without any collateral. The absence of a collateral augments the risk inherent in lending to people with less-than-perfect credit. If the ...

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Secured Vs. Unsecured Debt

Secured Vs. Unsecured Debt

As the lending institutions are coming up with different types of loans, it is always better for the prospective buyers to generate some awareness about the basic debt types, and their financial as well as legal implications. Secured Debt: A secured debt is secured with a collateral. To be more precise, the ...

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What is a Secured Debt?

What is a Secured Debt?

Debt' is a familiar term, which is defined as the money or goods owed by one person to another. In general, debt involves money that is borrowed by a person or organization from another. The money owed by the borrower to the lender is called debt. Today, debts come in many different forms, like mortgage loan, auto ...

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Secured Debt Relief

Secured Debt Relief

Secured debt is any loan which is secured by a collateral. A collateral is any asset which can be of value to the lender, should the debtor fail to repay. Car and mortgage loans are typical examples of secured debts. Although, secured loans often offer lower interest rates than unsecured loans, there is a risk of ...

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Secured Loan Calculator

Secured Loan Calculator

In this article, you will find a calculator which will help you compute your monthly interest payment and total interest charged by the bank or financial institution, by considering the total number of months for which the amount has been borrowed and the rate of interest. Getting a secured loan is possible, if ...

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What are Secured Debt Consolidation Loans

What are Secured Debt Consolidation Loans

According to some recent survey statistics, an average American has USD 9,000 in debt and most of it is unsecured, which translates into high interest rate debt. Secured debt consolidation will permit you to opt for a low-interest rate loan to pay off your other debts. Many American households are taking advantage ...

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Car as Collateral Loan

Car as Collateral Loan

Loans - the word itself flashes images of people having nightmares like they have not been able to repay the amount and have gone bankrupt. Furthermore, they have been made to give up on their property and financial assets. Now, this thing actually happening to someone is really unfortunate, but then that happens ...

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