An asset that you use to secure a small business loan has value you may be tempted to access. Resist this urge, because the finance company that holds your lien has first rights to the collateral. You ...

A secured loan is a type of loan guaranteed by collateral that you own, such as your home or car. There are different types, from mortgages and auto loans to secured credit cards and secured personal ...

Collateral is a valuable asset (like a car, house or even cash) you can pledge to secure a loan. If you fail to repay your loan, the lender can seize whatever you've put up as collateral. Financial ...

Collateral is something that backs — or secures — a loan. It makes the loan less risky, because the borrower has skin in the game. With mortgages, the collateral is usually the home that the borrower ...