There are two different options available to you when applying for a personal loan: secured and unsecured.
A secured loan is one that is connected to some sort of collateral – something of value like a car or house. These loans are generally easier to qualify for and usually to have lower interest rates.
Depending on the amount you wish to borrow and credit approval, you may also qualify for an unsecured loan. These loans are not protected by any form of collateral.
A Jefferson Bank loan officer can meet with you to discuss the best option to meet your personal needs.