What Happens After a Personal Loan Bankruptcy Discharge?
Sawin & Shea
FEBRUARY 28, 2024
Before choosing your first personal loan, you need to understand the difference between secured and unsecured loans. Unsecured loans don’t have collateral. If you fail to repay an unsecured personal loan, the lender cannot repossess your assets. Expect higher interest rates as many lenders view you as a risky borrower.
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