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All Rights Reserved. Where to Find Secured Personal Loans. Most personal loans are unsecured, based solely on your financial history: credit score, income and debts. But if your credit score isnt strong enough to snag you an unsecured loan, lenders may offer you a secured loan, also known as a collateral loan. A secured loan is one that enables you to pledge something you own in return for a lower rate or a larger loan amount.
The downside: If you dont make timely payments, the lender can seize your asset, and your credit score will suffer. Heres what to know and where to find secured loans: What can you use to secure a personal loan. You may be able to use your car, savings or certificates of deposits as collateral. Secured loans from banks may work for borrowers with good credit and savings or CDs to use as collateral. Secured loans from credit unions are affordable loans that may be an option barclays bank personal loan apply borrowers with poor credit.
You will be connected with one of our lenders and receive your loan decision. Even the users with imperfect credit may be offered a loan. Fast Access to Lenders. Money is Deposited Directly.
E-sign documents to accept your loan offer and get cash directly deposited in as soon as the next business day. Get Results Fast. 1041 4th Avenue, Suite 302, Oakland, CA 94606 USA Owned Operated. LoanSolo. com is not a lender and does not provide short term or online personal loans but refers consumers to the lenders who may provide such loans. LoanSolo.