The most redeeming qualities about secured loans are that lenders typically won't check credit, and the loans aren't reported to the credit bureaus. But while you're frantically trying to gather enough money to pay off those loans, you may neglect paying off things that do affect your credit.

Commercial hard money lenders typically issue loans up to 80% of a property's loan-to-value. Commercial hard money lenders typically issue loans up to 90% of a property's loan-to-value.

Student loans can be very expensive to pay off, especially for people who are working low-income jobs. The loans are waived off as these people are providing a valuable service to the community.