A loan which is backed by assets belonging to the borrower in order to decrease the risk assumed by the lender. The assets may be forfeited to the lender if the borrower fails to make the necessary payments.
Related information about secured loan:
- Secured loan - Wikipedia, the free encyclopedia
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to ...
- Wells Fargo - CD/Savings Secured Loan
Meet immediate expenses with secured personal loan with a fixed interest rate and montly payment.
- Secured Loans - What Is a Secured Loan? - Should I Choose a ...
Secured loans are guaranteed by collateral. Secured loans often have lower interest rates because the banks are taking less of a risk to loan the customer the ...
- Cash-Secured Loans - Bank of America
Cash-Secured Loan features. Available for amounts $25,000 and up; Lets you use your CDs or savings to secure the loan; Provides a one-time lump sum with ...
- What is secured loan? definition and meaning
Definition of secured loan: A loan which is backed by assets belonging to the borrower in order to decrease the risk assumed by the lender. The assets may be ...
- Secured Loans Comparison – Compare Secured Loan Offers Online
Best Secured Loans Quotes. Apply for a secured loan and the money could be yours in 24 hours. Compare loan repayment periods and fees. Great selection of ...
- Deposit/Investment Secured Loan at BB&T
Deposit/Investment Secured Loans allow you to use the value of your deposits and investments to secure a loan, without having to withdraw your money or cash ...
- Unsecured or secured loan - Dollar Bank Personal
When thinking about borrowing money, you need to carefully consider all options . Current rates, the amount you need to borrow, terms of repayment and your ...