A secured loan is backed by collateral—such as property, gold, or investments—making it a lower-risk option for lenders and often resulting in the lowest loan rates. These loans are ideal for borrowers seeking larger amounts with longer repayment terms. In contrast, an unsecured loan doesn’t require any collateral and is granted based on creditworthiness, typically carrying higher int... https://futurisefintech.com/secured-unsecured-loans/