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Over [174]
2 years ago
14

What is the difference between the conditions of secured and unsecured loans?

Business
1 answer:
jek_recluse [69]2 years ago
4 0

Answer:

if you are approved for a secured loan, a lender will put a lien on an asset until the loan is paid off. An unsecured personal loan, by contrast, does not require any collateral. Examples of unsecured loans can include credit cards, student loans, unsecured personal loans, and unsecured personal lines of credit.

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