A collateral loan is secured by something with significant value in case you default. This lowers the risk for the lender.

LENDER may demand release of all “Collateral Shares” to satisfy Note. D. Method of Loan Payment. The BORROWER shall make all payments called for under this loan agreement by sending check or ...

Michelle Lambright Black, Founder of CreditWriter.com and HerCreditMatters.com, is a leading credit expert and personal finance writer with nearly two decades of experience in the credit industry.