House As Collateral For A Personal Loan 28 Images

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Posted on January 05, 2019 at 17:55 PM



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Collateral Loans - Loan Cheetah
Collateral loans are a type of loan where you leave something of value as the guarantee that you will pay the loan back. The item of value is known as collateral. When you offer a lender something as collateral, you give the lender the confidence they need to lend you the money you want.
Collateral - Investopedia
The type of collateral for a loan may be predetermined based on the loan type, such as with a mortgage or an auto loan, or may be flexible, such as a collateralized personal loan.

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