Phrases with «valuable collateral»

"Valuable collateral" refers to assets or property that a borrower pledges to a lender in order to secure a loan. It acts as a form of security and can be used by the lender to recover their money if the borrower fails to repay the loan. Full definition

valuable collateral

Sentences with «valuable collateral»

Because they use valuable collateral to secure the loan, most everyone is eligible and will be approved after the short application process has concluded. (titleloansfaq.org)
Secured debt is debt that's tied to some sort of valuable collateral, like a home or a car; unsecured debt is debt without collateral, like credit card debt. (betterbankruptcy.com)
Interest rates are generally lower if you have a good credit score and if your loan is secured by valuable collateral, such as a house, according to the Minneapolis Federal Reserve, because the lender has a lower risk of losing the money it lends you. (quicken.com)
(see all sentences)

Phrases with «valuable collateral»

Sentences with «valuable collateral»

See also