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Define cash secured loan

Define cash secured loan

Secured loan - Wikipedia, the free encyclopedia


A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the List of payday lenders

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Unsecured Loan Definition | Investopedia


DEFINITION of 'Unsecured Loan' A loan that is issued and supported only by the borrower's creditworthiness, rather than by a type of collateral.

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