Secured Loan vs. Unsecured Mortgage: What’s the Difference? Two typical different financial loans is secured loans and unsecured loans. The difference between guaranteed and unsecured loans is based on collateral. Secured finance require collateral as economic assets, property or a vehicle. Loans don’t call for equity to use. Because of this, loans are riskier for… Continue reading Secured Loan vs. Unsecured Mortgage: What’s the Difference?