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What are Secured Loans? This infographic explains how secured loans work, with a borrower applying for a loan, the lender approving it, and the borrower offering assets as collateral to guarantee repayment.

Diagram illustrating the concept of secured loans, showing a borrower applying for a loan, the lender approving it, and the borrower offering assets as collateral to back the amount.

Diagram illustrating the concept of secured loans, showing a borrower applying for a loan, the lender approving it, and the borrower offering assets as collateral to back the amount.

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