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What is collateral?
Collateral is an additional form of security which can be used to assure a lender that you have a second source of loan repayment.
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Asked 4/4/2011 7:39:12 PM
Updated 2/13/2016 10:42:22 PM
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Edited by yumdrea [2/13/2016 10:42:21 PM]
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Collateral is an additional form of security which can be used to assure a lender that you have a second source of loan repayment.

Added 2/13/2016 10:42:22 PM
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