what is the difference between the unsecured and secured solutions
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what is the difference between the unsecured and secured solutions
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Answer:
A secured loan is one that is connected to a piece of collateral - something valuable like a car or a home. A car loan and mortgage are the most common types of secured loan. An unsecured loan is not protected by any collateral. If you default on the loan, the lender can't automatically take your property.
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