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Posted: Fri Oct 17, 2008 5:16 pm
by wobly123
can someone tell me the differece between an unsecured loan and a secured loan.
also if you have an unsecured loan does this mean if you fail to pay it the loan company cant take your house away

Posted: Fri Oct 17, 2008 5:55 pm
by plasticdaft
An unsecured loan is just that,it is not tied to your house in any way. As long as your mortgage payments are made,your home is safe.