Author Topic: Collateral in Secure Loan  (Read 261 times)

Offline Spinningla

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Collateral in Secure Loan
« on: November 13, 2013, 04:41:57 PM »
What are the common properties used as collateral in a secure loan? How is the value of a collateral determined?
« Last Edit: November 13, 2013, 04:41:57 PM by Guest »
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Offline SpillSpinning

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Re: Collateral in Secure Loan
« Reply #1 on: November 13, 2013, 07:24:03 PM »
Secured loans are usually the best way to get large amounts of money quickly in just an instant period of time. A lender is not likely to loan a large amount without more than your word that the money will be repaid. Putting your home or other property on the line is a fairly safe guarantee that you will do everything in your power to repay the loan. This is risky.
« Last Edit: November 13, 2013, 07:24:03 PM by Guest »
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