Secured vs. Unsecured
Secured loans let you use your savings as collateral — so you can enjoy lower interest rates. Unsecured loans do not require collateral backing, but the interest rate may not be as favorable.
Secured Loans
- Use your savings as collateral
- Secured savings continues to earn interest
- Potentially lower interest rates
- Safe way to build your credit
- Finance a wide range of purchases
- Repayment terms customized to fit your unique needs
Unsecured Loans
- No collateral necessary; requires little more than a signature
- Simple solution when you need cash fast
- Competitive interest rates
- Finance a wide range of purchases
- Repayment terms customized to fit your unique needs