Secured vs. Unsecured Loan Loans is often secured or unsecured. Mortgages and car loans are secured loans, as They may be equally backed or secured by collateral. In these circumstances, the collateral is the asset for which the loan is taken out, And so the collateral for the mortgage is https://loan56666.canariblogs.com/not-known-details-about-loan-subsidized-44159250