enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

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. How do secured loans work? - AOL

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

   Some secured loans can only be used for its intended purpose. Secured loan vs. unsecured loan. Some loans, such as personal loans, can be either unsecured or secured, depending on the lender. If ...

4. 8 types of personal loans and their uses — plus 5 to avoid

   www.aol.com/finance/types-personal-loans-uses...

   Like auto loans and mortgages, secured personal loans require collateral for approval. Rather than being backed by a car or house, a secured personal loan might rely on something like a ...

5. Title loan - Wikipedia

   en.wikipedia.org/wiki/Title_loan

   A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]

6. What is a personal loan? How it works — and what to know ...

   www.aol.com/finance/what-is-a-personal-loan...

   It’s possible to find a personal loan secured with collateral like a CD or another non-liquid asset — for example, Upgrade is a digital lender that offers a choice of an unsecured loan or one ...

7. What Is Collateral?

   www.aol.com/finance/collateral-000100993.html

   In other cases, collateral may not be a requirement, but it can help you secure a lower interest rate or make qualifying for a loan easier. If you're buying a home or a car, the asset you're ...

8. Secured transaction - Wikipedia

   en.wikipedia.org/wiki/Secured_transaction

   The debtor is in debt $10K to the secured creditor and $2000 to the unsecured creditors. Assume the debtor defaults and his only asset is the automobile. The dealership can repossess the auto and sell it to satisfy its debt. Two things can happen here: 1) The dealership sells the collateral (car) for more than the amount of the debt (let's say ...

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

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

   Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a borrower fails to repay the loan as agreed, the lender can seize the ...