What Types Of Things Do Loan Companies Accept As Collateral?
Posted by admin on December 21st, 2009 at 06:49am
There is a loan company here in town and I need to take out a loan to pay my rent. What types of things do these companies usually accept as collateral and what types of things don’t they tend to accept?
Under Loans
3 Comments for What Types Of Things Do Loan Companies Accept As Collateral?
1. Allan | December 21st, 2009 at 7:03 am
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2. Jason D | December 21st, 2009 at 7:04 am
They’ll take anything they can liquidate (real estate, cars, equipment), so be really careful what you put as collateral.
3. Davidson Whyte | December 21st, 2009 at 7:43 am
stocks and bonds
certificate of deposit
savings account balance
land
automobiles
artwork
land
homes
they will accept as collateral something they can sell quickly if you default.
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