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Loan Credit - An Overview

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Secured vs. Unsecured Loan Loans may be secured or unsecured. Mortgages and auto loans are secured loans, as These are both backed or secured by collateral. In these circumstances, the collateral would be the asset for which the loan is taken out, Hence the collateral for just a mortgage is https://loan-default11111.dbblog.net/2104684/loan-debt-an-overview

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