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Are installment loans secured or unsecured?
Bankrate via Yahoo Finance· 12 months agoInstallment loans can be either secured or unsecured. However, the loan type is dependent on a few factors, including the lender, the intended loan...
What is collateral for a mortgage, and how does it work?
Bankrate via Yahoo Finance· 5 months agoKey takeaways Collateral is something that backs — or secures — a loan. It makes the loan less...
What is hypothecation?
Bankrate via Yahoo Finance· 2 months agoKey takeaways Hypothecation means offering an asset as collateral, or as backing for a loan.If you default on the loan, the lender can take the asset to...
How to get an RV loan
Bankrate via Yahoo Finance· 4 months agoKey takeaways RV loans are generally fixed-rate installment loans. Some lenders require a down payment of 10 to 20 percent of the purchase price. Compare...
What is a personal loan?
Fortune via Yahoo Finance· 1 year agoIf you don’t have cash readily available to pay for something you need—or even something you want—a personal loan can be a smart, low-cost way to finance...
Do installment loans build credit? What to know before you take one out
Bankrate via Yahoo Finance· 4 months agoKey takeaways Installment loans are repaid in fixed monthly payments for a fixed period of time. You...
Can a debt collector repo your car?
Bankrate via AOL· 5 months agoKey takeaways Your car is an example of secured debt, which can be seized by a debt collector, depending on the terms of your loan. Whether a debt...
Best Short-Term Loans for Bad Credit in 2023
GoBankingRates via AOL· 8 months agoShort-term loans for consumers with low credit scores typically have high interest and/or fees that can make a bad situation worse if you're not careful....
Breaking down capital requirements
Banking Dive via Yahoo Finance· 5 months agoPicture this: You’re in your car, driving down the road, and something goes awry. Your car is out of control, and it comes to an abrupt stop when it hits...
What is a debtor? The definition and how it differs from a creditor
Bankrate via Yahoo Finance· 6 months agoKey takeaways A debtor or borrower is a person or organization that borrows money from a financial...