Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

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 ...

A secured loan is a type of loan guaranteed by collateral that you own, such as your home or car. There are different types, from mortgages and auto loans to secured credit cards and secured personal ...

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 ...

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

Secured debt is financing that uses collateral to back up the loan. Collateral is an asset you own, like a car or house. Even cash deposits can function as collateral in some cases. If you default on ...