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Are secured loans easier to obtain approval?

April 26, 2017Approval easier obtain secured loans

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Are secured loans easier to obtain approval?

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Yes – due to the fact that you are in effect securing the loan against your home and the fact that any secured loan taken out can be repaid, you will find it easier to be approved for this type of loan. Unsecured loans are more difficult to obtain as they provide more risk to the loan company.