The Benefits of a Secured Loan Video
By using your personal assets such as your home, car, or savings as collateral for a secured loan, you could access lower interest rates and better borrowing options.
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Finding the loan thats right for your situation is important, so that you get the rates, terms, and payment options that fit your needs. Secured loans might be a good choice if you have personal assets such as equity in your home, car, or savings account that can be used as collateral. Plus, secured loans may offer lower interest rates, larger loan amounts, or better terms than unsecured loans.
Types of secured loans and lines of credit
Here are a few personal assets that can help you secure a loan.
Need funds quickly?
Wells Fargo customers who use their qualifying Wells Fargo CD or savings account as security for their loan or line of credit may qualify for a loan within hours and have the funds within the same or next business day.
See if secured loans and lines of credit may be right for your borrowing needs. Learn more about the benefits of secured loan types.
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