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2. Secured loan - Wikipedia

   en.wikipedia.org/wiki/Secured_loan

   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 the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults , the creditor takes possession of the asset used as collateral and may ...

3. Loan agreement - Wikipedia

   en.wikipedia.org/wiki/Loan_agreement

   Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

4. Collateral (finance) - Wikipedia

   en.wikipedia.org/wiki/Collateral_(finance)

   In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1] [2] The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending ...

5. How do secured loans work? - AOL

   www.aol.com/finance/secured-loans-020828573.html

   Types of secured loans. There are many types of secured loans. Five of the most common include: Mortgage: With a mortgage, you put your home or property up as collateral to buy that home.If you ...

6. Secured vs. unsecured debt: What’s the difference? - AOL

   www.aol.com/finance/secured-vs-unsecured-debt...

   Mortgages, home equity loans, home equity lines of credit (HELOCs) and auto loans are all forms of secured debt. Personal loans, credit cards, student loans and medical loans are some forms of ...

7. What is a share-secured loan, and how does it work? - AOL

   www.aol.com/finance/share-secured-loan-does...

   A share-secured loan is a personal loan that uses the balance in your savings account as collateral. This type of loan generally has lower interest rates than other personal loans because it is ...

8. Security agreement - Wikipedia

   en.wikipedia.org/wiki/Security_agreement

   A security agreement may be oral if the secured party (the lender) has actual physical possession of the collateral. Where the collateral remains in the physical possession of the borrower, or where the collateral is intangible (such as a patent ., [ 1 ] accounts receivable , or a promissory note ), the security agreement must be in writing in ...

9. Passbook loans: Paying to borrow your own money - AOL

   www.aol.com/finance/passbook-loans-paying-borrow...

   Passbook loans are secured loans that use your savings account balance as collateral. These loans can be a convenient way to borrow money while rebuilding your credit, as some lenders report ...