Secured Loan Service

A Secured Loan is a financial product where borrowers pledge an asset, such as property or vehicles, as collateral to access funds. This type of loan typically offers lower interest rates and higher borrowing limits compared to unsecured loans. Ideal for large purchases or debt consolidation, it ensures lenders are protected if the borrower defaults. Borrowers retain ownership of the asset while repaying the loan. Secured loans are widely available from banks, credit unions, and other financial institutions.