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Adverse report Loans
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There are basically two types of loans available, secured and unsecured loans. Secured loans are mainly for homeowners because the borrower uses their home as security or collateral next to the loan. This is a relatively low risk for the lender because they are protected in the situation of the borrowers inability to pay off the go forward the repercussion is that concentration rates are subjugate for secured adverse relation loans. Unsecured loans require no pledge of collateral to secure the debt but because this represents a superior risk for the lending company, assimilation rates are higher.
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