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Does LoanBack support secured and unsecured loans?

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Does LoanBack support secured and unsecured loans?

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Yes. LoanBack supports both types of loans. If you want to secure your loan with collateral, LoanBack allows you to input information about the collateral so that it gets included in your Note. If you are creating a secured loan, you may want to consider filing a UCC form to record the security with your state.

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