A secured business loan puts more risk on the borrower; an unsecured loan more risk on the lender. If you don’t meet a lender ...

Secured and unsecured personal loans differ in terms of risk and cost to both the borrower and the lender. A secured loan, such as a home loan or car loan, is backed by collateral. An unsecured loan, ...

Learn about the pros and cons of unsecured business loans.

A secured loan is backed by collateral, such as your home or vehicle, while an unsecured loan does not require any pledged assets. Each type of loan comes with its own set of trade-offs. However, the ...

Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a borrower fails to repay the loan as agreed, the lender can seize the collateral.

Meredith Mangan is a senior editor and expert on personal loans. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned ...

Restaurant owners often face significant financial hurdles, whether opening a new location, expanding their menu, or upgrading equipment. These businesses often need external funding to manage these ...

A secured card requires a cash deposit. The deposit reduces the risk to the issuer, making these cards an option for people with bad credit. Many or all of the products on this page are from partners ...

Discover how unsecured loans work, why they're riskier than secured loans, and common examples like credit cards. Learn about potential costs and repayment challenges.

Secured credit cards are a type of credit card that requires a cash deposit as collateral, typically equal to the card’s borrowing limit. These cards are designed for individuals with poor or limited ...

Unsecured debt is a form of borrowing that is not secured by a specific material asset. Since this type of debt doesn’t require an asset as collateral, there’s nothing specific the lender will take ...

Secured credit cards and unsecured credit cards feature many similar benefits. Both types of credit cards have the potential to help you establish a credit history and build your credit score. They ...