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    Secured loans are loans that a borrower secures with collateral. Collateral is something that the lender can seize to use to pay off the debt should the borrower default. Lenders prefer secured loans since there is some safeguard that no matter what they
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    der can seize to use to pay off the debt should the borrower default. Lenders prefer secured loans since there is some safeguard that no matter what the
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    The two most commonly recognized secured loans are home loans and auto loans. In both cases the loan is secured with the item being purchased. Should the bor

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