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Browse: Home / MONEY / Loan

What types of things do loan companies accept as collateral?

Jason D: What types of things do loan companies accept as collateral?
There is a loan company here in town and I need to take out a loan to pay my rent. What types of things do these companies usually accept as collateral and what types of things don’t they tend to accept?

Answers and Views:

Answer by Allan
They’ll take anything they can liquidate (real estate, cars, equipment), so be really careful what you put as collateral.

Answer by David Z
stocks and bonds
certificate of deposit
savings account balance
land
automobiles
artwork
land
homes

they will accept as collateral something they can sell quickly if you default.

Answer by Davidson Whyte
Good Day,
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Related Questions:

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  • 3.  What is a good loan consolidation program for Federal and Private student loans?
  • 4.  How can I get a loan to consolidate debt?

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