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Secured Loans Definition - InvestopediaSecured Loan: What It Is, How It Works, & How To Get One Secured Loans Definition - Investopedia26/10/2020 · Secured loans are business or personal loans that require some type of collateral as a condition of borrowing. A bank or lender can request collateral …30/04/2018 · A secured loan is a loan backed by collateral—financial assets you own, like a home or a car—that can be used as payment to the lender if you don't pay back the loan. The idea behind a secured loan is a basic one. Lenders accept collateral against a secured loan to …What is a secured loan? A secured loan is a type of loan in which a borrower pledges an asset such a car, property, equity, etc. against that loan. The loan amount made available to the borrower is usually based on the value of the ;· Secured Loan Meaning These are loans that are protected by an asset or collateral. The purpose of the loan