The difference between secured loan and credit loan is: 1, and the loan interest rate is different. Because the secured loan has collateral or a third-party guarantor, the relative loan risk is small and the monthly loan interest rate is low; Credit loans have no guarantor and collateral, so their loans are risky and the loan interest rate will be higher. 2. The loan term is different. 3. The loan amount is different. 4. The lending speed is different.

legal ground

Article 387 of the General Principles of the Civil Law Where a creditor needs security in order to guarantee the realization of his creditor's rights in civil activities such as borrowing, buying and selling, he may establish a security interest in accordance with the provisions of this Law and other laws. If a third party provides a guarantee for the debtor to the creditor, it may require the debtor to provide a counter-guarantee. The provisions of this law and other laws shall apply to counter-guarantee.