Category Personal Loan

Difference Between Secured and Unsecured Loans

secured and unsecured loans

Secured and unsecured loans are two primary types of borrowing options available to consumers and businesses. Secured loans require collateral, such as property or savings, reducing lender risk, while unsecured loans rely solely on the borrower’s creditworthiness. Understanding these differences…

Loan Against LIC Policy

loan against lic policy

A loan against an LIC policy provides a viable financial solution for policyholders seeking to access funds without liquidating their investments. This secured loan option allows individuals to borrow against the surrender value of their life insurance corporation (LIC) policy,…

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