Sentences with phrase «periods than unsecured loans»

Secured loans have much longer repayment periods than unsecured loans.

Not exact matches

Though such legal processes would take a longer period of time than the simple action of repossession for which secured loan lenders are entitled, someone taking an unsecured loan is still risking his assets if he fails to repay his debt.

Secured loans allow borrowers to borrow a bigger loan amount than unsecured loans while following a lengthier repayment period.

In return, you can borrow more money at a lower rate for a longer period than would be possible for an unsecured loan with your credit.