Can You Use Land As Collateral for a Personal Loan?

Answer When applying for a personal loan, the lender may ask you to put up some of your property as collateral. If you have some vacant land, you may wish to use this as the collateral for your loan. Depe... Read More »

Top Q&A For: Can You Use Land As Collateral for a Personal Loan

What can you use as collateral on a personal loan through a bank?

For a personal (nonbusiness) loan, common types of collateral include homes or other real estate, cars or other motor vehicles, life insurance policies that have a cash value, stock certificates, c... Read More »

What is a collateral loan?

A collateral loan means that the borrower has pledged some type of property as security for the loan. Examples of collateral loans are auto loans and mortgage loans. The terms can vary from lender ... Read More »

How to Get a Collateral Loan?

Many people with different budget problems and short-term financial situations will want to get a collateral loan in order to free up cash without taking a loan that might load them up with interes... Read More »

What Is a Cross Collateral Loan?

Cross-collateral loans serve a variety of purposes, ranging from allowing families to move into larger homes as they grow to providing investors the chance to use the equity in their property to ex... Read More »