Collateral is used as a type of insurance when you take out a loan – if something happens and you can’t repay your loan, the bank or lender still has the collateral, so they can get something back. One common … Continue Reading
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Collateral is used as a type of insurance when you take out a loan – if something happens and you can’t repay your loan, the bank or lender still has the collateral, so they can get something back. One common … Continue Reading
