Mar 16
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Emergency cash requirements can come up at any time and one way to meet this sudden demand can be to explore the options of secured loans. Secured loans have a low credit risk as the lender always has the option to sell off the pledged collateral, securities in case of default. Generally, secured loans are available with a lower interest rate when compared to a non-secured loan option, thus, making it an attractive option for people seeking loans. Here, we list some of the secured loan options and try to understand their features and requirements