Collateral is something that backs — or secures — a loan. It makes the loan less risky, because the borrower has skin in the game. With mortgages, the collateral is usually the home that the borrower ...

A revised term sheet attached to the Fed’s announcement adds asset-backed securities (“ABS”) backed by “leveraged loans” to the definition of Eligible Collateral, subject to the following restrictions ...

Some personal loans require collateral — that is, a personal asset, such as a car, home, cash deposit or investment — that you offer to secure the loan. This asset reduces the lender’s risk, as you’ll ...

Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify ...