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n The major distinction between secured and unsecured loans is that secured loans require collateral, such as a home or car, while unsecured loans do not. This means that unsecured loans are riskier for lenders and usually include larger rates of interest. Borrowers with good credit score have a better chance of getting accredited for unsecured loans, while secured loans often have much less stringent acceptance standa


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Impact of Defaulting on Loans
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Repayment Plans Overview
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