Borrow Smart: Key Differences Between Secured & Unsecured Debt

blonde woman looking at bills, papers and a calculator on a wooden table

You’re probably familiar with the concept of debt, but did you know that there are actually two common types of debt? Secured and unsecured debt are two main categories that debt can fall under. Secured debt is backed by collateral while unsecured debt is not. In this article, we’ll dive into the differences between these …

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