What Is a Secured Loan?

November 3, 2006 by admin  
Filed under Loans

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As Safe as Houses…

A secured loan means that you have agreed to put up security for the lender so that if you default on the loan they will use that security to pay off the debt. Read more

Tags: secured loans, repossess, Unsecured debt, security, Secured loan, homeowner loans, home improvement loans, market value