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Adverse description Loans
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There are basically two types of loans available, secured and unsecured loans. Secured loans are mainly for homeowners because the borrower uses their home as security or collateral against the loan. This is a relatively low risk for the lender because they are protected in the thing of the borrowers inability to pay off the go forward the consequences is that assimilation rates are lower for secured adverse version loans. Unsecured loans require no pledge of collateral to safe the debt but because this represents a complex risk for the lending company, concentration rates are higher.
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