Why Do Unsecured Loans Come With A Higher Interest Rate

Getting a loan can be a great way to finance a major purchase. A loan may also be a great way to get the funds you need to cover an outstanding debt. The ability to get the financing you need will depend on your credit situation among other factors. One surefire way to get a lower interest rate is to get a secured loan. This is because unsecured loans come with higher interest rates. Why is this?

What are the Benefits and Risks of Investing in Gold?

Investing in gold is a popular choice in the current economic climate based on the fact that it holds intrinsic value in financial downturns. The world’s supply of gold is limited which means demand for the precious metal is always increasing. Gold prices have risen significantly in recent years and the trend appears to be continuing. Naturally, there are advantages and disadvantages to investing in this precious metal; but with the proper research, you can better avoid risks and maximize returns.