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Adverse story Loans
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There are basically two types of loans available, secured and unsecured loans. Secured loans are mainly for homeowners because the borrower uses their house as security or collateral next to the loan. This is a relatively low risk for the lender because they are protected in the concern of the borrowers inability to repay the loan the repercussion is that inclusion rates are demean for secured adverse tally loans. Unsecured loans require no pledge of collateral to secure the debt but because this represents a higher risk for the lending company, raptness rates are higher.
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