Comparison shopping is the best way to check rates, lending criteria, types of loans available,
acceptable types of collateral, repayment schedules, and other details.
Not exact matches
Most financial assets that can be seized and sold for cash are considered
acceptable collateral, although each
type of loan has different requirements.
Otherwise, most
types of collateral are
acceptable.
There are various
types of life insurance policies that are
acceptable for
collateral assignment, some examples are:
Any
type of life insurance policy is
acceptable for a
collateral assignment, as long as the insurance company allows an assignment for that particular policy.