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Secured and unsecured personal loans differ in terms of risk and cost to both the borrower and the lender. A secured loan, such as a home loan or car loan, is backed by collateral. An unsecured loan, such as a student loan or credit card, has no collateral...

You’ve just come into a little bit of money and you have decided that you want to pay off one or more of your debts. The problem is this…you’re not sure which one to pay off first. Conventional wisdom tells you that you should choose...

A little bit of debt can be a good thing. If you approach borrowing strategically, you can eliminate higher-interest debt that may be weighing you down, lock in low-interest loans and use the extra cash to boost your investments for retirement or contribute...

When it comes to borrowing money, many loans offer benefits beyond simple financing. With that in mind, it’s important to understand how one type of loan may be right for making home improvements, while another may be a better match for financing a wedding...

Totaled your car? Had a medical emergency? Unexpected job loss? When you are strapped for cash, it may seem like there is nowhere to turn. In fact, there are a multitude of options when you need money and have used up (or never had) an emergency fund...