If you're in the market for a loan, you might want to consider looking into getting a secured loan.

A secured loan is one that uses some piece of physical property, known as collateral, to provide security to the lender and guarantee that the loan will be repaid.

There are several different types of lenders from which you can receive a secured loan, and each tends to have its own advantages and disadvantages.

Before deciding on a loan, you should take the time to investigate your options and see if a secured loan from a traditional or alternative lender might be right for you.

Banking Loans

When most people think of loans, they think of loans that are issued by a traditional bank in their local area. Many of the bank loans that might come to mind are actually one form of secured loan or another