A loan for which an item of property has been pledged in case of default. A mortgage is an example of a secured loan.

A secured loan is a loan that’s guaranteed with collateral, such as a home or car. If you default and fail to make payments on time, the lender can take possession of your collateral and sell it to recover the loan amount. In most cases, lenders charge a lower interest rate on a secured loan than on an unsecured loan of comparable size. An unsecure [..]

A loan that is backed by collateral. In the case of a mortgage loan, the collateral is the house.

A loan that is backed by collateral.

Definition A loan which is backed by assets belonging to the borrower in order to decrease the risk assumed by the lender. The assets may be forfeited to the lender if the borrower fails to make the n [..]

may be an option. The secured loan is less risky for the creditor. The difference between a secured loan and a regular personal loan is that the secured loan requires "security" or "col [..]

a loan backed by collateral such as property.

A secured loan is a loan backed by collateral. If the borrower fails to repay the loan as per the agreement, the lender may take ownership of the collateral and sell it to repay the loan. Auto loans and home mortgages are examples of secured loans. Educational loans are generally not secured.

A loan backed by collateral, often inventories or receivables.

A loan that is collateralised against a tangible asset e.g. building, equipment and land.

a loan in which the borrower pledges and asset as collateral for the loan.

Also referred to as a Homeowner Loan. This is a loan specifically for Homeowners who can use the equity in their home to obtain a loan secured against their property.

A finance agreement

A secured loan is one that is backed by collateral, such as a vehicle. Typically, auto loans are secured loans because the vehicle acts as collateral—meaning if you break the terms and conditions of y [..]

A loan that is secured by collateral. Security

A loan that is backed by an asset. The lender may sell the secured asset to get its money back if you cannot repay the loan. Opposite of unsecured loan.

The borrower of a secured loan pledges collateral for a loan; thereby the creditor giving the loan secures the debt.

A loan for which something of value is pledged in the case that repayment cannot be made.

A loan that is backed with collateral; a loan for which the lender requires and the borrower offers property as a guarantee of repayment.

A loan covered by a security, guarantee or collateral

(emprunt garanti). A loan that is backed by collateral.

A secured loan is a loan where the borrower pledges an asset as collateral to ensure payment of the debt. Examples include home mortgages and auto loans.

A loan that is backed by collateral. In the case of a mortgage loan, the collateral is the house.

Loan where the lender has taken a special claim on particular assets or revenues of the company to give extra protection in the event of the loan remaining unpaid.

A loan that is secured by collateral.

A loan that is backed by an asset. The lender may sell the secured asset to get its money back if you cannot repay the loan. Opposite of unsecured loan.

A loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. 

A loan for which the borrower pledges a tangible asset (collateral), such as a home, vehicle or other personal property. If the borrower defaults (does not make payments according to terms of the loan [..]

A secured loan is a borrower’s obligation that includes the pledging of some form of collateral to protect the lender in case of default.

A secured loan uses the borrower’s property as security. It is often the cheapest option if you are a homeowner looking to borrow a larger amount of money. Unlike unsecured personal loans, you risk losing your home if you miss payments on a secured loan. For further information visit http://www.moneysupermarket.com/c/unsecured-loans/secured-loans/g [..]

A loan which is backed by the borrower’s assets, when the borrower’s credit rating is not strong enough to justify an unsecured loan (not backed by the borrower’s assets). The assets may be forfeited to the lender if the borrower fails to make the necessary payments. Related Topics Credit Scores

A loan backed by collateral. If you fail to repay the loan, the lender may seize the collateral and sell it to repay the loan. Auto loans and home mortgages are examples of secured loans. Educational [..]

a loan that is backed up with collateral, such as a home or a car

A loan offered in exchange for the promise of surrendering an asset of equal or greater value to the lender in the event the borrower is unable to repay the loan.

Secured loans are loans for which the borrower uses collateral such as a house, car, or other assets to secure loan funds.  If the borrower defaults on the loan, the lender has the option of selling o [..]

A loan that is backed by collateral. If the borrower defaults, the lender can sell the collateral to satisfy the debt.