A secured loan is a type of loan that is backed by collateral, which is typically the borrower's property. This means that if the borrower fails to repay the loan, the lender can take possession of the collateral in order to recoup their losses. This makes secured loans less risky for lenders, as they have something to fall back on if the borrower defaults on their payments. The security system on this website has been activated in order to protect the lender and the borrower.
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