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Understanding an Unsecured Loan

An unsecured loan is a financial instrument where there is no collateral for the lender to have for security in case of default from the borrower. Most loans that you get from friends or family where there is no collateral is an unsecured loan. This type of loan should be treated with the most care [...]

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Understanding a Secured Loan

A secured loan is a loan product in which the borrower can use some form of asset such as, a car or home as collateral to secure the amount of money they are borrowing from the lender. In the event of default the lender can take possession of the collateral and put it up for [...]

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Best Mortgage Rate Tips

Best Mortgage Rate Tips We all want the best mortgage rate and think if we go to every mortgage company in town and get them all to compete against each other then we will get the best mortgage deal, well that’s not completely true. All mortgage companies work off the same interest rates handed down [...]

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