-
Secured vs. Unsecured Loans in One Minute: Definitions, Explanations and Comparison
By understanding what secured loans are, what unsecured loans are and what similarities as well as differences exist between secured and unsecured loans, you're basically taking the first steps toward financial responsibility.
In one minute, I've managed to explain what secured and unsecured loans are all about, from definitions to explanation. This easy-to-understand comparison between secured and unsecured loans will make it clear that fundamentally speaking, banking isn't *that* hard to understand.
Please like, comment and subscribe if you've enjoyed this video.
If you'd like to follow me on social media, use one of the links below:
https://www.facebook.com/oneminuteeco...
https://twitter.com/andreipolgar
https://ro.linkedin.com/in/andrei-pol...
To support the channel, please vis...
published: 08 Aug 2017
-
Subprime loans explained
The 'Great Recession' that almost crashed the US economy was precipitated by the bad behavior of some of the biggest Wall Street banks. And it was their creation of the so-called subprime loan that almost brought about the country's ruin. CCTV America's Rachelle Akuffo takes a closer look at one part of what billionaire entrepreneur Warren Buffett has called 'financial weapons of mass destruction.'
published: 28 May 2015
-
How Principal & Interest Are Applied In Loan Payments | Explained With Example
- FREE DOWNLOAD: Calculate how different payments impact your loan payoff: https://docs.google.com/spreadsheets/d/1L5V20ax8xASbR0P7-pyUM8N4NgwqTvYW344oGmjcLsQ/
- For Real Estate COURSES & COACHING, visit https://www.realestatefinanceacademy.com/
- For COMMERCIAL LOANS, visit https://evergreen.llc
---
This video explains how principal and interest is applied on a loan as payments are made over time.
Amortization tables, and now of course, calculators and computers, give us the exact amount of how much a payment needs to be to cover the interest and to pay the loan off at a steady rate so that the loan is fully paid off to zero on the very last payment.
Each payment contains both principal and the interest that has accrued over that period.
Let's take a look at an example. Let's say we...
published: 13 Dec 2018
-
Difference between Secured vs. Unsecured loans | Banking Products | HSBC UK
A quick guide to the differences between secured and unsecured loans.
Learn more at https://www.hsbc.co.uk/loans/loans-explained/
HSBC UK serves personal and business customers, offering a breadth of banking solutions, including bank accounts, loans, credit cards, mortgages, insurance and investment products, to name a few.
For more information, visit:
Website: https://www.hsbc.co.uk/
Facebook: https://www.facebook.com/hsbcuk
Instagram: https://www.instagram.com/hsbc_uk
Twitter: https://twitter.com/HSBC_UK
published: 30 Jun 2020
-
What Are Unsecured Loans?
Read & Learn More ⬇️⬇️⬇️
--------------------------------------------------------------------------------------------------------------
Learn about Personal Loans
✏️ How To Get a Personal Loan: https://infoforinvestors.com/loans/personal-loans/get-personal-loan/?utm_source=youtube
✏️ The Pros And Cons Of a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-pros-cons/?utm_source=youtube
✏️ Things to Consider Before Taking a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-considerations/?utm_source=youtube
✏️ Where Can You Get a Personal Loan?: https://infoforinvestors.com/loans/personal-loans/personal-loan-sources/?utm_source=youtube
✏️ The Best Ways To Get The Lowest HELOC Rate: https://infoforinvestors.com/loans/personal-loan...
published: 14 Oct 2018
-
Unsecured Personal Loans Basics - How Does It Work, Types and Tips
Read & Learn More ⬇️⬇️⬇️
Timeline:
00:00 Intro
00:31 What Are Unsecured Loans?
01:41 Unsecured Loans Can Be Considered As..
01:56 Main Features Of Unsecured Loans
03:46 Types Of Personal Loans
05:41 Things To Consider
--------------------------------------------------------------------------------------------------------------
Learn about Personal Loans
✏️ How To Get a Personal Loan: https://infoforinvestors.com/loans/personal-loans/get-personal-loan/?utm_source=youtube
✏️ The Pros And Cons Of a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-pros-cons/?utm_source=youtube
✏️ Things to Consider Before Taking a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-considerations/?utm_source=youtube
✏️ Where Can You Get a Persona...
published: 14 Oct 2018
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Bank - unsecured loans - mortgage loans - low interest rates
Bank - unsecured loans - mortgage loans - low interest rates
published: 15 Jan 2017
-
What Is An Unsecured Loan | Marcus by Goldman Sachs®
Unsure what an unsecured loan is? How are they different from secured loans? Learn more about Unsecured loans, like those offered from Marcus.
Marcus by Goldman Sachs, a brand of Goldman Sachs Bank USA, offers no-fee, fixed-rate personal loans, high-yield online savings accounts and certificates of deposit to help people achieve financial well-being.
Learn more at https://www.marcus.com/us/en/personal-loans/types-of-loans/unsecured-loans
Subscribe: https://www.youtube.com/marcus
Follow Marcus on Facebook: https://www.facebook.com/marcus
published: 10 May 2018
-
Explained: Secured vs. Unsecured Loans
Hey there, Viewers! Here at Bondora, we offer unsecured personal loans to our borrowers. And you may be wondering what an unsecured loan means. Keep watching to find out.
A secured loan is a loan backed by collateral. The most common types of secured loans are mortgages and car loans, and in these instances, the collateral is the home or car. With collateral, the applicant may get a lower rate on a personal loan or a higher loan amount, but at the risk of losing the asset if they fail to repay the loan.
An unsecured loan doesn't require collateral, so the approval is based on the applicant's credit. This could mean the borrower pays more interest than they would with a secured loan, but there is no risk of losing any collateral.
Bondora utilizes an internally developed credit scoring...
published: 17 Aug 2022
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What’s the difference between a secure and unsecured debt
What’s the difference between a secure and unsecured debt in a liquidation?
Secured debts can be things such as mortgages, bank loans, overdrafts, credit cards, vehicles, machinery, and some suppliers.
If you go into liquidation and there is not enough money to pay back these creditors then they will pursue you personally for the amounts owed.
An unsecured debt ranks below secured creditors and if there is no money left after the liquidation these debts will be written off.
HMRC although they now have preferential status are unsecured creditors that include VAT , PAYE & Corporation Tax.
Other examples of unsecured creditors are some suppliers, business rates, your bounce back loan is also classed as an unsecured debt.
If you're looking at closing your ltd company Witt debts then it's...
published: 09 Feb 2021
1:45
Secured vs. Unsecured Loans in One Minute: Definitions, Explanations and Comparison
By understanding what secured loans are, what unsecured loans are and what similarities as well as differences exist between secured and unsecured loans, you're...
By understanding what secured loans are, what unsecured loans are and what similarities as well as differences exist between secured and unsecured loans, you're basically taking the first steps toward financial responsibility.
In one minute, I've managed to explain what secured and unsecured loans are all about, from definitions to explanation. This easy-to-understand comparison between secured and unsecured loans will make it clear that fundamentally speaking, banking isn't *that* hard to understand.
Please like, comment and subscribe if you've enjoyed this video.
If you'd like to follow me on social media, use one of the links below:
https://www.facebook.com/oneminuteeco...
https://twitter.com/andreipolgar
https://ro.linkedin.com/in/andrei-pol...
To support the channel, please visit OneMinuteEconomics.com to buy my book, donate via PayPal/Bitcoin or become a patron on Patreon.
https://wn.com/Secured_Vs._Unsecured_Loans_In_One_Minute_Definitions,_Explanations_And_Comparison
By understanding what secured loans are, what unsecured loans are and what similarities as well as differences exist between secured and unsecured loans, you're basically taking the first steps toward financial responsibility.
In one minute, I've managed to explain what secured and unsecured loans are all about, from definitions to explanation. This easy-to-understand comparison between secured and unsecured loans will make it clear that fundamentally speaking, banking isn't *that* hard to understand.
Please like, comment and subscribe if you've enjoyed this video.
If you'd like to follow me on social media, use one of the links below:
https://www.facebook.com/oneminuteeco...
https://twitter.com/andreipolgar
https://ro.linkedin.com/in/andrei-pol...
To support the channel, please visit OneMinuteEconomics.com to buy my book, donate via PayPal/Bitcoin or become a patron on Patreon.
- published: 08 Aug 2017
- views: 74606
2:00
Subprime loans explained
The 'Great Recession' that almost crashed the US economy was precipitated by the bad behavior of some of the biggest Wall Street banks. And it was their creatio...
The 'Great Recession' that almost crashed the US economy was precipitated by the bad behavior of some of the biggest Wall Street banks. And it was their creation of the so-called subprime loan that almost brought about the country's ruin. CCTV America's Rachelle Akuffo takes a closer look at one part of what billionaire entrepreneur Warren Buffett has called 'financial weapons of mass destruction.'
https://wn.com/Subprime_Loans_Explained
The 'Great Recession' that almost crashed the US economy was precipitated by the bad behavior of some of the biggest Wall Street banks. And it was their creation of the so-called subprime loan that almost brought about the country's ruin. CCTV America's Rachelle Akuffo takes a closer look at one part of what billionaire entrepreneur Warren Buffett has called 'financial weapons of mass destruction.'
- published: 28 May 2015
- views: 41340
3:49
How Principal & Interest Are Applied In Loan Payments | Explained With Example
- FREE DOWNLOAD: Calculate how different payments impact your loan payoff: https://docs.google.com/spreadsheets/d/1L5V20ax8xASbR0P7-pyUM8N4NgwqTvYW344oGmjcLsQ/
...
- FREE DOWNLOAD: Calculate how different payments impact your loan payoff: https://docs.google.com/spreadsheets/d/1L5V20ax8xASbR0P7-pyUM8N4NgwqTvYW344oGmjcLsQ/
- For Real Estate COURSES & COACHING, visit https://www.realestatefinanceacademy.com/
- For COMMERCIAL LOANS, visit https://evergreen.llc
---
This video explains how principal and interest is applied on a loan as payments are made over time.
Amortization tables, and now of course, calculators and computers, give us the exact amount of how much a payment needs to be to cover the interest and to pay the loan off at a steady rate so that the loan is fully paid off to zero on the very last payment.
Each payment contains both principal and the interest that has accrued over that period.
Let's take a look at an example. Let's say we have a $100,000 loan at 6%, amortized over 30 years, our payment amount is going to be $599.55 each month.
$599.55 is our payment amount all the way through the life of the loan. Contained within that $599 is both the interest that accrued that month, and also the amount if the principal it's going to take to pay down the loan at the steady rate that we've determined.
Let's take a look at how that payment is broken down with each payment.
With the first payment, when our balance on the loan is $100,000, six percent interest per year equals half a percent per month. So each month we are paying one half percent interest on the current balance. So on the very first payment, that half percent interest is $500, which means that the remainder of the payment, $99.55 goes toward principal.
Since $99.55 was paid toward the principal, then when the second payment is due, the new balance on the loan is $99,900.45. So with the second payment, one half percent, or 6% annually, one half percent per month is due on the new balance. $99,900.45, which means that half a percent of that would be $499.50.
As we can see, the amount of interest with each payment that's being charged on loan is going down and since the remainder of the payment is applied to principal, then on the second payment, $100.05 is applied to principal, thereby reducing the unpaid principal balance again, so that on the third payment, our new balance is $998.40.
Half a percent on $99,800.40 is $499.00, which means that $100.54 will be paid towards principal, and so on and so forth.
On our last payment, or 360th payment, our balance is $596.57. Of that, $2.98 is interest, and then $596.57 is our final principle payment that pays the loan down to zero.
#investing #personalfinance #TrevorCalton #finance #principalandinterest #pandi #realestateinvesting #realestatetraining #realestatementoring #realestatefinance #EvergreenLLC #stepbystep #stepbysteptutorial #diagram #example #download #freedownload #howto
CRE loan
investing in real estate
investment properties and commercial real estate
commercial real estate lending
commercial real estate loan
SBA commercial real estate loan
commercial real estate financing
commercial property loan
commercial building loan
real estate lending
best commercial real estate loans
commercial property lending
https://wn.com/How_Principal_Interest_Are_Applied_In_Loan_Payments_|_Explained_With_Example
- FREE DOWNLOAD: Calculate how different payments impact your loan payoff: https://docs.google.com/spreadsheets/d/1L5V20ax8xASbR0P7-pyUM8N4NgwqTvYW344oGmjcLsQ/
- For Real Estate COURSES & COACHING, visit https://www.realestatefinanceacademy.com/
- For COMMERCIAL LOANS, visit https://evergreen.llc
---
This video explains how principal and interest is applied on a loan as payments are made over time.
Amortization tables, and now of course, calculators and computers, give us the exact amount of how much a payment needs to be to cover the interest and to pay the loan off at a steady rate so that the loan is fully paid off to zero on the very last payment.
Each payment contains both principal and the interest that has accrued over that period.
Let's take a look at an example. Let's say we have a $100,000 loan at 6%, amortized over 30 years, our payment amount is going to be $599.55 each month.
$599.55 is our payment amount all the way through the life of the loan. Contained within that $599 is both the interest that accrued that month, and also the amount if the principal it's going to take to pay down the loan at the steady rate that we've determined.
Let's take a look at how that payment is broken down with each payment.
With the first payment, when our balance on the loan is $100,000, six percent interest per year equals half a percent per month. So each month we are paying one half percent interest on the current balance. So on the very first payment, that half percent interest is $500, which means that the remainder of the payment, $99.55 goes toward principal.
Since $99.55 was paid toward the principal, then when the second payment is due, the new balance on the loan is $99,900.45. So with the second payment, one half percent, or 6% annually, one half percent per month is due on the new balance. $99,900.45, which means that half a percent of that would be $499.50.
As we can see, the amount of interest with each payment that's being charged on loan is going down and since the remainder of the payment is applied to principal, then on the second payment, $100.05 is applied to principal, thereby reducing the unpaid principal balance again, so that on the third payment, our new balance is $998.40.
Half a percent on $99,800.40 is $499.00, which means that $100.54 will be paid towards principal, and so on and so forth.
On our last payment, or 360th payment, our balance is $596.57. Of that, $2.98 is interest, and then $596.57 is our final principle payment that pays the loan down to zero.
#investing #personalfinance #TrevorCalton #finance #principalandinterest #pandi #realestateinvesting #realestatetraining #realestatementoring #realestatefinance #EvergreenLLC #stepbystep #stepbysteptutorial #diagram #example #download #freedownload #howto
CRE loan
investing in real estate
investment properties and commercial real estate
commercial real estate lending
commercial real estate loan
SBA commercial real estate loan
commercial real estate financing
commercial property loan
commercial building loan
real estate lending
best commercial real estate loans
commercial property lending
- published: 13 Dec 2018
- views: 120231
0:38
Difference between Secured vs. Unsecured loans | Banking Products | HSBC UK
A quick guide to the differences between secured and unsecured loans.
Learn more at https://www.hsbc.co.uk/loans/loans-explained/
HSBC UK serves personal an...
A quick guide to the differences between secured and unsecured loans.
Learn more at https://www.hsbc.co.uk/loans/loans-explained/
HSBC UK serves personal and business customers, offering a breadth of banking solutions, including bank accounts, loans, credit cards, mortgages, insurance and investment products, to name a few.
For more information, visit:
Website: https://www.hsbc.co.uk/
Facebook: https://www.facebook.com/hsbcuk
Instagram: https://www.instagram.com/hsbc_uk
Twitter: https://twitter.com/HSBC_UK
https://wn.com/Difference_Between_Secured_Vs._Unsecured_Loans_|_Banking_Products_|_Hsbc_UK
A quick guide to the differences between secured and unsecured loans.
Learn more at https://www.hsbc.co.uk/loans/loans-explained/
HSBC UK serves personal and business customers, offering a breadth of banking solutions, including bank accounts, loans, credit cards, mortgages, insurance and investment products, to name a few.
For more information, visit:
Website: https://www.hsbc.co.uk/
Facebook: https://www.facebook.com/hsbcuk
Instagram: https://www.instagram.com/hsbc_uk
Twitter: https://twitter.com/HSBC_UK
- published: 30 Jun 2020
- views: 1184
2:01
What Are Unsecured Loans?
Read & Learn More ⬇️⬇️⬇️
--------------------------------------------------------------------------------------------------------------
Learn about Personal ...
Read & Learn More ⬇️⬇️⬇️
--------------------------------------------------------------------------------------------------------------
Learn about Personal Loans
✏️ How To Get a Personal Loan: https://infoforinvestors.com/loans/personal-loans/get-personal-loan/?utm_source=youtube
✏️ The Pros And Cons Of a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-pros-cons/?utm_source=youtube
✏️ Things to Consider Before Taking a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-considerations/?utm_source=youtube
✏️ Where Can You Get a Personal Loan?: https://infoforinvestors.com/loans/personal-loans/personal-loan-sources/?utm_source=youtube
✏️ The Best Ways To Get The Lowest HELOC Rate: https://infoforinvestors.com/loans/personal-loans/lowest-heloc-rate/?utm_source=youtube
✏️ 8 Tips to Increase Your Personal Loan Eligibility: https://infoforinvestors.com/loans/personal-loans/increase-loan-eligibility/?utm_source=youtube
✏️ How To Choose The Right Personal Loan?: https://infoforinvestors.com/loans/personal-loans/choose-the-right-loan/?utm_source=youtube
Loans Calculators
📳 Amortizing Loan Calculator: https://infoforinvestors.com/loans/calculators-loans/amortizing-loan-calculator/
📳 Loan Prequalification Calculator: https://infoforinvestors.com/loans/calculators-loans/loan-prequalification-calculator/
--------------------------------------------------------------------------------------------------------------
Compare Personal Loans
💰 Best Personal Loans: https://infoforinvestors.com/loans/personal-loans/best-personal-loans/?utm_source=youtube
💰 Best Personal Loans for Excellent Credit: https://infoforinvestors.com/loans/personal-loans/excellent-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Fair Credit: https://infoforinvestors.com/loans/personal-loans/fair-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Good Credit: https://infoforinvestors.com/loans/personal-loans/good-credit-loans/?utm_source=youtube
💰 The Best Debt Consolidation Loans: https://infoforinvestors.com/loans/personal-loans/best-debt-consolidation-loans/?utm_source=youtube
--------------------------------------------------------------------------------------------------------------
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Subscribe to our YouTube Channel: https://www.youtube.com/channel/UCWyl7ShBKaS3mRRY4EKIvtA?sub_confirmation=1
Our Website: https://infoforinvestors.com/?utm_source=youtube
Twitter: https://twitter.com/infoforinvestor
Facebook: https://www.facebook.com/Infoforinvestors
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Advertiser Disclosure: Some of the links and other products that appear on this website are from companies which The Smart Investor will earn an affiliate commission or referral bonus.
This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all companies or all available offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This compensation allows us to maintain a full-time, unbiased editorial staff. Our opinions are our own.
https://wn.com/What_Are_Unsecured_Loans
Read & Learn More ⬇️⬇️⬇️
--------------------------------------------------------------------------------------------------------------
Learn about Personal Loans
✏️ How To Get a Personal Loan: https://infoforinvestors.com/loans/personal-loans/get-personal-loan/?utm_source=youtube
✏️ The Pros And Cons Of a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-pros-cons/?utm_source=youtube
✏️ Things to Consider Before Taking a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-considerations/?utm_source=youtube
✏️ Where Can You Get a Personal Loan?: https://infoforinvestors.com/loans/personal-loans/personal-loan-sources/?utm_source=youtube
✏️ The Best Ways To Get The Lowest HELOC Rate: https://infoforinvestors.com/loans/personal-loans/lowest-heloc-rate/?utm_source=youtube
✏️ 8 Tips to Increase Your Personal Loan Eligibility: https://infoforinvestors.com/loans/personal-loans/increase-loan-eligibility/?utm_source=youtube
✏️ How To Choose The Right Personal Loan?: https://infoforinvestors.com/loans/personal-loans/choose-the-right-loan/?utm_source=youtube
Loans Calculators
📳 Amortizing Loan Calculator: https://infoforinvestors.com/loans/calculators-loans/amortizing-loan-calculator/
📳 Loan Prequalification Calculator: https://infoforinvestors.com/loans/calculators-loans/loan-prequalification-calculator/
--------------------------------------------------------------------------------------------------------------
Compare Personal Loans
💰 Best Personal Loans: https://infoforinvestors.com/loans/personal-loans/best-personal-loans/?utm_source=youtube
💰 Best Personal Loans for Excellent Credit: https://infoforinvestors.com/loans/personal-loans/excellent-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Fair Credit: https://infoforinvestors.com/loans/personal-loans/fair-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Good Credit: https://infoforinvestors.com/loans/personal-loans/good-credit-loans/?utm_source=youtube
💰 The Best Debt Consolidation Loans: https://infoforinvestors.com/loans/personal-loans/best-debt-consolidation-loans/?utm_source=youtube
--------------------------------------------------------------------------------------------------------------
🙏 Follow us 🙏
Subscribe to our YouTube Channel: https://www.youtube.com/channel/UCWyl7ShBKaS3mRRY4EKIvtA?sub_confirmation=1
Our Website: https://infoforinvestors.com/?utm_source=youtube
Twitter: https://twitter.com/infoforinvestor
Facebook: https://www.facebook.com/Infoforinvestors
--------------------------------------------------------------------------------------------------------------
Advertiser Disclosure: Some of the links and other products that appear on this website are from companies which The Smart Investor will earn an affiliate commission or referral bonus.
This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all companies or all available offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This compensation allows us to maintain a full-time, unbiased editorial staff. Our opinions are our own.
- published: 14 Oct 2018
- views: 933
9:09
Unsecured Personal Loans Basics - How Does It Work, Types and Tips
Read & Learn More ⬇️⬇️⬇️
Timeline:
00:00 Intro
00:31 What Are Unsecured Loans?
01:41 Unsecured Loans Can Be Considered As..
01:56 Main Features Of Unsecured ...
Read & Learn More ⬇️⬇️⬇️
Timeline:
00:00 Intro
00:31 What Are Unsecured Loans?
01:41 Unsecured Loans Can Be Considered As..
01:56 Main Features Of Unsecured Loans
03:46 Types Of Personal Loans
05:41 Things To Consider
--------------------------------------------------------------------------------------------------------------
Learn about Personal Loans
✏️ How To Get a Personal Loan: https://infoforinvestors.com/loans/personal-loans/get-personal-loan/?utm_source=youtube
✏️ The Pros And Cons Of a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-pros-cons/?utm_source=youtube
✏️ Things to Consider Before Taking a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-considerations/?utm_source=youtube
✏️ Where Can You Get a Personal Loan?: https://infoforinvestors.com/loans/personal-loans/personal-loan-sources/?utm_source=youtube
✏️ The Best Ways To Get The Lowest HELOC Rate: https://infoforinvestors.com/loans/personal-loans/lowest-heloc-rate/?utm_source=youtube
✏️ 8 Tips to Increase Your Personal Loan Eligibility: https://infoforinvestors.com/loans/personal-loans/increase-loan-eligibility/?utm_source=youtube
✏️ How To Choose The Right Personal Loan?: https://infoforinvestors.com/loans/personal-loans/choose-the-right-loan/?utm_source=youtube
Loans Calculators
📳 Amortizing Loan Calculator: https://infoforinvestors.com/loans/calculators-loans/amortizing-loan-calculator/
📳 Loan Prequalification Calculator: https://infoforinvestors.com/loans/calculators-loans/loan-prequalification-calculator/
--------------------------------------------------------------------------------------------------------------
Compare Personal Loans
💰 Best Personal Loans: https://infoforinvestors.com/loans/personal-loans/best-personal-loans/?utm_source=youtube
💰 Best Personal Loans for Excellent Credit: https://infoforinvestors.com/loans/personal-loans/excellent-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Fair Credit: https://infoforinvestors.com/loans/personal-loans/fair-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Good Credit: https://infoforinvestors.com/loans/personal-loans/good-credit-loans/?utm_source=youtube
💰 The Best Debt Consolidation Loans: https://infoforinvestors.com/loans/personal-loans/best-debt-consolidation-loans/?utm_source=youtube
--------------------------------------------------------------------------------------------------------------
🙏 Follow us 🙏
Subscribe to our YouTube Channel: https://www.youtube.com/channel/UCWyl7ShBKaS3mRRY4EKIvtA?sub_confirmation=1
Our Website: https://infoforinvestors.com/?utm_source=youtube
Twitter: https://twitter.com/infoforinvestor
Facebook: https://www.facebook.com/Infoforinvestors
--------------------------------------------------------------------------------------------------------------
Advertiser Disclosure: Some of the links and other products that appear on this website are from companies which The Smart Investor will earn an affiliate commission or referral bonus.
This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all companies or all available offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This compensation allows us to maintain a full-time, unbiased editorial staff. Our opinions are our own.
https://wn.com/Unsecured_Personal_Loans_Basics_How_Does_It_Work,_Types_And_Tips
Read & Learn More ⬇️⬇️⬇️
Timeline:
00:00 Intro
00:31 What Are Unsecured Loans?
01:41 Unsecured Loans Can Be Considered As..
01:56 Main Features Of Unsecured Loans
03:46 Types Of Personal Loans
05:41 Things To Consider
--------------------------------------------------------------------------------------------------------------
Learn about Personal Loans
✏️ How To Get a Personal Loan: https://infoforinvestors.com/loans/personal-loans/get-personal-loan/?utm_source=youtube
✏️ The Pros And Cons Of a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-pros-cons/?utm_source=youtube
✏️ Things to Consider Before Taking a Personal Loan: https://infoforinvestors.com/loans/personal-loans/personal-loan-considerations/?utm_source=youtube
✏️ Where Can You Get a Personal Loan?: https://infoforinvestors.com/loans/personal-loans/personal-loan-sources/?utm_source=youtube
✏️ The Best Ways To Get The Lowest HELOC Rate: https://infoforinvestors.com/loans/personal-loans/lowest-heloc-rate/?utm_source=youtube
✏️ 8 Tips to Increase Your Personal Loan Eligibility: https://infoforinvestors.com/loans/personal-loans/increase-loan-eligibility/?utm_source=youtube
✏️ How To Choose The Right Personal Loan?: https://infoforinvestors.com/loans/personal-loans/choose-the-right-loan/?utm_source=youtube
Loans Calculators
📳 Amortizing Loan Calculator: https://infoforinvestors.com/loans/calculators-loans/amortizing-loan-calculator/
📳 Loan Prequalification Calculator: https://infoforinvestors.com/loans/calculators-loans/loan-prequalification-calculator/
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Compare Personal Loans
💰 Best Personal Loans: https://infoforinvestors.com/loans/personal-loans/best-personal-loans/?utm_source=youtube
💰 Best Personal Loans for Excellent Credit: https://infoforinvestors.com/loans/personal-loans/excellent-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Fair Credit: https://infoforinvestors.com/loans/personal-loans/fair-credit-loans/?utm_source=youtube
💰 Best Personal Loans for Good Credit: https://infoforinvestors.com/loans/personal-loans/good-credit-loans/?utm_source=youtube
💰 The Best Debt Consolidation Loans: https://infoforinvestors.com/loans/personal-loans/best-debt-consolidation-loans/?utm_source=youtube
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- published: 14 Oct 2018
- views: 16662
0:33
What Is An Unsecured Loan | Marcus by Goldman Sachs®
Unsure what an unsecured loan is? How are they different from secured loans? Learn more about Unsecured loans, like those offered from Marcus.
Marcus by Goldma...
Unsure what an unsecured loan is? How are they different from secured loans? Learn more about Unsecured loans, like those offered from Marcus.
Marcus by Goldman Sachs, a brand of Goldman Sachs Bank USA, offers no-fee, fixed-rate personal loans, high-yield online savings accounts and certificates of deposit to help people achieve financial well-being.
Learn more at https://www.marcus.com/us/en/personal-loans/types-of-loans/unsecured-loans
Subscribe: https://www.youtube.com/marcus
Follow Marcus on Facebook: https://www.facebook.com/marcus
https://wn.com/What_Is_An_Unsecured_Loan_|_Marcus_By_Goldman_Sachs®
Unsure what an unsecured loan is? How are they different from secured loans? Learn more about Unsecured loans, like those offered from Marcus.
Marcus by Goldman Sachs, a brand of Goldman Sachs Bank USA, offers no-fee, fixed-rate personal loans, high-yield online savings accounts and certificates of deposit to help people achieve financial well-being.
Learn more at https://www.marcus.com/us/en/personal-loans/types-of-loans/unsecured-loans
Subscribe: https://www.youtube.com/marcus
Follow Marcus on Facebook: https://www.facebook.com/marcus
- published: 10 May 2018
- views: 2095
1:26
Explained: Secured vs. Unsecured Loans
Hey there, Viewers! Here at Bondora, we offer unsecured personal loans to our borrowers. And you may be wondering what an unsecured loan means. Keep watching to...
Hey there, Viewers! Here at Bondora, we offer unsecured personal loans to our borrowers. And you may be wondering what an unsecured loan means. Keep watching to find out.
A secured loan is a loan backed by collateral. The most common types of secured loans are mortgages and car loans, and in these instances, the collateral is the home or car. With collateral, the applicant may get a lower rate on a personal loan or a higher loan amount, but at the risk of losing the asset if they fail to repay the loan.
An unsecured loan doesn't require collateral, so the approval is based on the applicant's credit. This could mean the borrower pays more interest than they would with a secured loan, but there is no risk of losing any collateral.
Bondora utilizes an internally developed credit scoring model to calculate the risk rating using all the data points we have on a potential borrower. You can learn more about how Bondora's risk ratings are calculated using the link in the description.
And that's it. Remember to give us a thumbs-up if you liked this video or leave us a comment if you found it helpful.
Thanks for watching, keep investing, and see you again next time.
https://support.bondora.com/en/how-are-bondora-risk-ratings-calculated/
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• Follow Bondora:
— Twitter: https://twitter.com/BondoraCapital
— Facebook: https://www.facebook.com/bondoracapital/
— Instagram: https://www.instagram.com/bondora_capital/
— LinkedIn: https://www.linkedin.com/company/bondora-capital/
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*Capital at risk. Investments made with Bondora are not guaranteed, nor is the preservation of value invested guaranteed. Please note that the yield achieved in past periods does not guarantee the rate of return in future periods. The yield of Go & Grow is up to 6.75% p.a. Before deciding to invest, please review our risk statement and consult with a financial advisor if necessary.
https://wn.com/Explained_Secured_Vs._Unsecured_Loans
Hey there, Viewers! Here at Bondora, we offer unsecured personal loans to our borrowers. And you may be wondering what an unsecured loan means. Keep watching to find out.
A secured loan is a loan backed by collateral. The most common types of secured loans are mortgages and car loans, and in these instances, the collateral is the home or car. With collateral, the applicant may get a lower rate on a personal loan or a higher loan amount, but at the risk of losing the asset if they fail to repay the loan.
An unsecured loan doesn't require collateral, so the approval is based on the applicant's credit. This could mean the borrower pays more interest than they would with a secured loan, but there is no risk of losing any collateral.
Bondora utilizes an internally developed credit scoring model to calculate the risk rating using all the data points we have on a potential borrower. You can learn more about how Bondora's risk ratings are calculated using the link in the description.
And that's it. Remember to give us a thumbs-up if you liked this video or leave us a comment if you found it helpful.
Thanks for watching, keep investing, and see you again next time.
https://support.bondora.com/en/how-are-bondora-risk-ratings-calculated/
----------------------------------------
• Follow Bondora:
— Twitter: https://twitter.com/BondoraCapital
— Facebook: https://www.facebook.com/bondoracapital/
— Instagram: https://www.instagram.com/bondora_capital/
— LinkedIn: https://www.linkedin.com/company/bondora-capital/
----------------------------------------
*Capital at risk. Investments made with Bondora are not guaranteed, nor is the preservation of value invested guaranteed. Please note that the yield achieved in past periods does not guarantee the rate of return in future periods. The yield of Go & Grow is up to 6.75% p.a. Before deciding to invest, please review our risk statement and consult with a financial advisor if necessary.
- published: 17 Aug 2022
- views: 349
4:44
What’s the difference between a secure and unsecured debt
What’s the difference between a secure and unsecured debt in a liquidation?
Secured debts can be things such as mortgages, bank loans, overdrafts, credit cards...
What’s the difference between a secure and unsecured debt in a liquidation?
Secured debts can be things such as mortgages, bank loans, overdrafts, credit cards, vehicles, machinery, and some suppliers.
If you go into liquidation and there is not enough money to pay back these creditors then they will pursue you personally for the amounts owed.
An unsecured debt ranks below secured creditors and if there is no money left after the liquidation these debts will be written off.
HMRC although they now have preferential status are unsecured creditors that include VAT , PAYE & Corporation Tax.
Other examples of unsecured creditors are some suppliers, business rates, your bounce back loan is also classed as an unsecured debt.
If you're looking at closing your ltd company Witt debts then it's critical you understand what is secure and insecure. it’s important to understand your position fully and have a strategy to deal with any secured creditors post liquidation.
If you have any questions please let me know.
If you would like a no-strings, no-obligation chat please get in touch.
Thanks
Chris
https://meetings-eu1.hubspot.com/chris-worden
Call 08000862766
https://wn.com/What’S_The_Difference_Between_A_Secure_And_Unsecured_Debt
What’s the difference between a secure and unsecured debt in a liquidation?
Secured debts can be things such as mortgages, bank loans, overdrafts, credit cards, vehicles, machinery, and some suppliers.
If you go into liquidation and there is not enough money to pay back these creditors then they will pursue you personally for the amounts owed.
An unsecured debt ranks below secured creditors and if there is no money left after the liquidation these debts will be written off.
HMRC although they now have preferential status are unsecured creditors that include VAT , PAYE & Corporation Tax.
Other examples of unsecured creditors are some suppliers, business rates, your bounce back loan is also classed as an unsecured debt.
If you're looking at closing your ltd company Witt debts then it's critical you understand what is secure and insecure. it’s important to understand your position fully and have a strategy to deal with any secured creditors post liquidation.
If you have any questions please let me know.
If you would like a no-strings, no-obligation chat please get in touch.
Thanks
Chris
https://meetings-eu1.hubspot.com/chris-worden
Call 08000862766
- published: 09 Feb 2021
- views: 43