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 ...

Discover how collateral value affects lending, explore key methods to estimate it, and understand its role in determining loan-to-value (LTV) ratios.

Learn the ins and outs of collateral assignment in life insurance policies, how it secures loans, and what it means for your beneficiaries.

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 ...