What is a Secured Loan

A secured loan is a loan where the lender secures the amount loaned to the borrower on an asset owned by the borrower, an unsecured loan does not require this asset to be "put up" to the lender.  Secured loans are not always the cheapest way to lend money, however for people who have less than perfect credit records can be the easiest way.

Why a secured loan
In the event of a less than perfect credit score, a secured loan is the quickest way to getting a loan approved by a lender. We have compliled a list of companies who offer secured loans to people who require them.