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Secured personal loans, on the other hand, require collateral, like a home or car, to secure the loan. This collateral works as a safety net for the lender, ... CHICAGO - Illinois borrowers using the title to their car or truck to secure a ... loan secured by a vehicle title into a statewide database. Once the ... Apr 15, 2025 ... A secured loan is a personal loan that's tied to a personal item. This personal item is called collateral, and it works like a guarantee for the ... Jul 29, 2024 ... Secured financing based on the value of the vehicle with equal monthly payments. You can use a traditional loan to buy both new and used cars, ... ... loan agreement and that it is the responsibility of the owner to ... vehicle until the secured creditor notifies ADOT that the motor vehicle is recovered. Share & Certificate Secured Loans. Apply. Share, Certificate. Rates, 3.10% APR, 3.00 ... Car Loan · ASI; Equal Housing Lender; Abri Credit Union BBB Business ... Mar 31, 2025 ... Quick Answer. An auto loan is considered a secured loan because the car that's being financed serves as collateral. Unsecured car loans don't ... These two main types of auto loans have important differences that impact everything from interest rates and approval odds to long-term costs and ... Learn about the loans we offer: Mortgage Loans | Home Equity Loans | Personal Loan | Auto Loan | Revolving Line of Credit ITIN Lending | Secured Loans Secured Advantage Auto Loans. With custom financing and no down payment needed, we work hard to get you approved faster.