Cryptocurrency Q&A
Which loan is guaranteed with collateral?
Which loan is guaranteed with collateral?
Riccardo
Sun Dec 22 2024
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7 answers
1610
I'm trying to figure out which type of loan requires collateral as a guarantee. I know there are different kinds of loans, but I want to specifically understand which one involves the use of collateral to secure the loan.
7 answers
Valentino
Tue Dec 24 2024
Real estate is a common form of collateral used in secured loans.
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Elena
Tue Dec 24 2024
Equipment, such as machinery or vehicles, can also serve as collateral.
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Caterina
Tue Dec 24 2024
Accounts receivable, which represent future payments from customers, may be pledged as collateral.
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SamsungSpark
Tue Dec 24 2024
A secured loan is a financial instrument that relies on collateral to ensure repayment.
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KimchiQueenCharmingKiss
Tue Dec 24 2024
Future credit card receipts can also be used to back a secured loan.
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