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3 Reasons Why You Should Get a PenFed Share Loan (Savings Secured Loan)Secured loans are debt products backed by an asset that you own. When you apply for a secured loan, the lender will need to know which of your assets you plan. Secured personal loans can be obtained from banks, credit unions and online lenders. To apply for a secured personal loan, shop around and. According to our systematic rating and review process, the best secured personal loans come from Best Egg, Digital Federal Credit Union, First.