The most typical secured loans are home loans and car loans. In these illustrations, the lender retains the deed or title, and that is a representation of ownership, until the secured loan is entirely paid. Defaulting over a mortgage generally brings about the lender foreclosing on a house, when not https://lanevtmzp.dgbloggers.com/39592917/2300-loan-things-to-know-before-you-buy