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 What is the difference between unsecured and secured debt?

Answer If you are having difficulty paying your bills, it is a good idea to learn the difference between secured and unsecured debt. Having a good understanding of both types of debt can help you develop ... Read More »
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What is the difference between a secured and unsecured loan?

Secured and unsecured loans are two types of ways people borrow money. The major difference is that secured loans use collateral.FunctionA secured loan has a specific piece of property used as coll... Read More »
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What is the difference between secured&unsecured credit cards?

There are two primary classes of credit cards: secured and unsecured. The primary difference between the two is how they are funded, or backed. Your credit history often determines which card is ri... Read More »
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What is the meaning of secured&unsecured debt?

There is one major difference between secured and unsecured debt: Secured debt, such as a mortgage or automobile loan, requires collateral that can be seized if you default on the loan. Unsecured d... Read More »
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What is the difference between secured and usecured loans?

Secured means the loan is legally tied to, say, your house or your car. If you fail to pay, they get the house.Unsecured means it's merely your word that you will repay. If you fail to pay, they ... Read More »
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