Examples of 'secured loan' in a sentence
Meaning of "secured loan"
A secured loan is a type of loan that is backed by collateral, such as a car or a house. The collateral acts as a guarantee for the lender in case the borrower fails to repay the loan
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- A loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who issues the loan.
How to use "secured loan" in a sentence
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secured loan
For a secured loan from the bank.
A contract that operates like a secured loan.
This is called a secured loan in finance.
It is always a good idea to go with a secured loan.
A secured loan is a loan that is covered by a certain asset.
An auto loan is another type of secured loan.
Taking a secured loan is not a practical solution always.
The bank has a secured loan.
A secured loan can be called a minimal risk loan.
Need better credit history than a secured loan.
It can be a secured loan or an unsecured loan.
Another option is to get a secured loan.
A secured loan could be the best way to borrow money.
Now this is really a secured loan.
A secured loan is usually only offered for new cars.
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The company was specialized in secured loan by a fifth of salary.
A secured loan can be used for almost any purpose.
This is referred to as a secured loan.
A secured loan can be less expensive than an unsecured loan.
It therefore becomes a secured loan.
This is a secured loan since you are using your home as collateral.
It only applies to a secured loan.
A secured loan may also offer more flexible repayment periods.
A kaleidoscope of items can be used as collateral for a secured loan.
This is a secured loan where the property is taken as the guarantee.
Is the easiest way to obtain a pocket friendly secured loan.
Any secured loan and some auto credits are secured debts.
A repo is a secured loan.
Knowing credit score is also important before availing a secured loan.
Advantages of a secured loan can depend on your specific financial situation.
Another option for those with poor credit is a secured loan.
A secured loan allows you to put up collateral when asking for a loan.
Using collateral means you will be opting for a secured loan.
You can try to apply for a secured loan by keeping a property as a mortgage.
Any asset you own is potential collateral for a secured loan.
The only major disadvantage of a secured loan is the risk on your part.
You can use this equity to borrow any other secured loan.
It is a type of a secured loan that is secured against the legal documents of a vehicle.
But the best method of obtaining a cheap secured loan is by going online.
Taking out a secured loan has several advantages for your business.
One of the most common examples of a secured loan is a mortgage loan.
Open a secured loan if you can not qualify for a traditional personal loan.
Try to get a small credit line or a cash secured loan from a credit union.
The secured loan with a credit institution relates to a financing agreement with a major bank.
If you are applying for a secured loan you will need details of the asset.
A bank or credit union is a good source for a secured credit card or secured loan.
You should only consider a secured loan if you are positive in your ability to repay.
A secured loan used to purchase or refinance your property where the security is your property.
The main difference between an unsecured and a secured loan is the collateral required.
One kind of secured loan involves borrowing against money you already have on deposit.
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