Learn about the pros and cons of secured personal loans.

Key takeaways Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are ...

Unsecured debt doesn’t require you to offer collateral, such as a vehicle or a home, to secure the loan. Because unsecured debt is riskier for lenders, interest rates are typically higher, and ...

When finances are tight, it's easy to get lost in a sea of credit card debt, which is the primary reason credit card balances, interest rates, and financial stress are quickly rising. Millions of ...

Too often creditors are faced with accounts that are seemingly uncollectable. If the debtor had money on hand to pay, presumably they would not have incurred the debt at all, right? Especially in the ...

The share of secured debt issued (as a fraction of total corporate debt) declined steadily in the United States over the twentieth century. This stems partly from financial development giving ...