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Secured vs Unsecured loans by mrteachit on 03-02-2017
What is the difference b etween Secured and Unsecured loans?
Mortgages and home equity lines of credit are two common types of secured loans. ... You may have a longer time to pay back a secured loan, in comparison with unsecured loans, and interest rates are frequently lower because the lender holds your collateral and faces less risk if you don't pay back the loan.
That, is actually more helpful then, what John told me, yesterday about Secured and Unsecured loans Samantha.
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