Learn about the pros and cons of secured personal loans.

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 ...

A secured loan is a type of loan backed by collateral, such as a car or a house. This collateral reduces the lender's risk, often resulting in lower interest rates and easier approval for borrowers.

Text Callout : Key Takeaways - Everything You Need to Know About Collateral Loans When you need cash for a major expense, it might be tempting to max out a credit card. But you have other options that ...

Collateral offers lenders a degree of security in the event a borrower cannot fulfill the terms of a loan agreement. So, what is collateral? Any asset owned by a borrower that can be pledged to help a ...

Learn how cross-collateralization affects your finances, especially with auto and mortgage loans. Protect yourself by understanding lender practices and key terms.

Compare the best business equipment loans from alternative lenders.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The process of lending inherently ...

Taking a loan for a house, vehicle, education, business, or personal needs has become a normal part of modern financial life.