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    personal loans being loosely termed as homeowner loans. Th
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    The former is tailor-made for homeowners in that secured personal loans require the borrower to put up collateral, against which the loan is given. The collateral can be anything of value. However, the trend is to use the home as security, which has led to secured personal loans being loosely termed as homeowner loans. Th
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    loans require the borrower to put up collateral, against which the loan is given. The collateral can be anything of value. However, the trend is to use the home as security, which has led to secured personal loans being loosely termed as homeowner loans. Th
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    loan is given. The collateral can be anything of value. However, the trend is to use the home as security, which has led to secured personal loans being loosely termed as homeowner loans. Th
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    the trend is to use the home as security, which has led to secured personal loans being loosely termed as homeowner loans. Th
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    personal loans being loosely termed as homeowner loans. The advantages with a secured loan are various. The repayment term is long, the interest rate comparatively low, and a substantial amount can be borrowed. Of course, the drawback is that borrowers can lose the collateral in case of a default in the repayment.

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