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The fees and interest rates associated with these loans can be very high, and you may end up paying much more than you borrowed. A secured revolving credit line is one that is secured by collateral, such as a car or a house.
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A secured revolving credit line is one that is secured by collateral, such as a car or a house. Just be sure to do your research and carefully consider the credit terms and conditions of any loan before you agree to it.
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