How secured auto loans work
Secured auto loans are the most common type available.
Kellye Guinan is a Bankrate editor and Certified Financial Education Instructor®. She joined the team in 2024 with seven years of experience already under her belt covering everything from auto loans to debt consolidation. Her journey started the same as most people, with little knowledge of the finance world outside budgeting basics.
Kellye helps others navigate auto and personal loans. At her core, she believes people deserve to make the most of their money and feel confident managing their finances, so she strives to write about personal finance in ways everyone can understand. Her goal is to break down the most complex aspects of personal finance into manageable tips paired with expert advice.
In her free time, she loves studying languages and reading an absurd amount of books. You can often find her drinking bubble tea and lounging by the nearest body of water. And yes, she will talk your ear off about the importance of smart budgeting — even when she’s not working.
No one is born with an innate knowledge of finance, but everyone can learn it if they have access to the right tools. She wants to ensure the advice, articles and comparisons she works on are factual without being bogged down by jargon. When we approach difficult topics with empathy and understanding, we succeed.
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Before you get a personal loan, the lender will want to know what your credit score is.
Bankrate’s list of best debt relief companies is curated with consumers in mind. We look for companies with transparent terms and conditions and that have a well-established and proven track record when it comes to helping people succeed in their path to becoming debt-free.
Working capital loans can help cover a variety of short-term business needs. Check out our guide on the best working capital loans to learn more.
LLCs can choose among many business loans. Here's how to narrow it down to the best.
USAA is a Texas-based company that serves U.S. military members and veterans, pre-commissioned officers and spouses and children of either.
PenFed is a credit union that offers loans for new and used car loans, auto refinance loans and lease buyout loans.
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