Also, you can get a lower interest rate than most unsecured loans.
Also, you can get a lower interest rate than most unsecured loans. The other aspect is the ability of a person to repay the loan. Even though you have to pay a higher rate, see that the one you settle at is reasonable and the most favorable. At present interest rates are low so try and get the best deal. If a person gets the refinance in the next 2-3 years, its ok.