Growing up, you learn quickly that credit can grant you what cash doesn’t. Applying for credit to buy a property or a car, thus incurring debt, becomes an accepted part of life. But, while having debt is expected to fulfil ambitions, few understand the...
There are two types of consumer loans: secured debt and unsecured debt, based on the existence of collateral to support the loan. This blog looks at the difference between secured debt and unsecured debt, secured debt examples, and types of unsecured debt. What is...
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