What is the difference between secured and unsecured loan?

Answers:1   |   LastUpdateAt:2012-08-13 23:38:03  

Question
choconcung
Asked at 2012-08-07 08:03:45
What is the difference between secured and unsecured loans ?
Answer1ChirsAnswered at 2012-08-13 23:38:03
A secured loan is to have something (car example , land, home) the bank can take if you default on your loan. Insecurity is nothing for the bank to take
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