If you apply for secured line of credit which requires that you provide the financial institution with collateral, you can easily lose the property if you are unable to pay back the credit. (myfinancekits.com)
The report also specifically looks at student reliance upon private loans including securing lines of credit with a financial institution. (a2justice.ca)
Why shouldn't we all just go out and get secured lines of credit instead of conventional mortgages? (hoyes.com)