Secured vs. Unsecured Loans in One Minute: Definitions, Explanations and Comparison

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  • Опубликовано: 22 окт 2024

Комментарии • 19

  • @OneMinuteEconomics
    @OneMinuteEconomics  Год назад +1

    GiganticWebsites.com is a project through which I make it possible for people to build truly gigantic websites (thousands of articles each!) at ridiculously low prices. If you have a great domain you want to turn into an amazing website or an existing site you'd like to upgrade/scale, visit our website or check out the One Minute Economics presentation video below:
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  • @LordBlackNephew
    @LordBlackNephew 8 месяцев назад +1

    When its a secured loan, that asset can not be used, for example if you had a joint account can you borrow against that amount and can that amount be used as long as you make payments on time?
    BX STAND UP!!!

  • @sri9982
    @sri9982 5 лет назад +5

    I like your small informative videos. 👍🏻👍🏻👍🏻

    • @OneMinuteEconomics
      @OneMinuteEconomics  5 лет назад +2

      Always love coming across positive feedback, thank you!!!

  • @OneMinuteEconomics
    @OneMinuteEconomics  Год назад

    If you liked this video, I think you'll love my personal finance book (Wealth Management 2.0) that has been written specifically for today's ultra-complex investment landscape and is available over at:
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  • @SanTinNongDumBan
    @SanTinNongDumBan 4 года назад

    thank you for sharing

  • @cheesemonkey1231
    @cheesemonkey1231 Год назад

    my boys voice cracked @ 1:31 lmao

  • @sushanthnimbalkar
    @sushanthnimbalkar 5 месяцев назад

    Could you please provide examples

  • @OneMinuteEconomics
    @OneMinuteEconomics  4 года назад

    One Minute Economics needs your help! Please give me a minute (heh) of your time by watching the following video if you find the channel useful, literally anyone can help (either financially or by spreading the word about my work): ruclips.net/video/io04ckq1X1M/видео.html

  • @sidharthchand8072
    @sidharthchand8072 5 лет назад

    Starting a business is an unsecured loan

  • @markeedeep
    @markeedeep 3 года назад

    Statistically, mortgage consumers comprise 90% of total household debt, within UK GDP. The remaining 10% is all "non-secured" loans such as credit cards, payday, credit unions etc. And we're still being told mortgage debt is "secure" - really? Why do I as a taxpayer have to service the debt of homeowner mortgage consumers, as a percentage of *public* debt within GDP, when I don't even own a property and pay rent? What is the "logic" which justifies this kind of nonsense?

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 года назад

      Would strongly recommend checking out my playlist about understanding money and banking when you get a chance to, therein lie the answers you seek. But it contains 59 videos, so a bit of an investment of time will be required. In a nutshell, the proverbial perpetuation of the debt-fueled dream is necessary for the survival of a system such as ours, where debt is money. From that reality, decisions stem that seem and in some cases are head-scratchers. But from the perspective of the goal of ensuring the perpetuation of the monetary status quo, they are not.

  • @lyndroabrasaldo4677
    @lyndroabrasaldo4677 5 лет назад +3

    please speak slow no one is chasing you

    • @OneMinuteEconomics
      @OneMinuteEconomics  5 лет назад +7

      Will do my best, always trying to find the right balance between speed and respecting people's time. I think (hope!) I've found the sweet spot with my most recent videos.

    • @sri9982
      @sri9982 5 лет назад +5

      I think his speed is perfect for most audience.
      But definitely some non-native speakers may find difficulty in comprehension, which is normal. In that case you can make use of "play speed" feature in RUclips app. It works like a charm.
      I generally use it to speed up videos to save time and accomodate maximum videos in a short time.