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Secured Loan
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to satisfy the debt by regaining the amount originally lent to the borrower, for example, foreclosure of a home. From the creditor's perspective this is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. The opposite of secured debt/loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may satisfy the debt against the borrower rather than just the borrower's collateral.
There are two purposes for a loan secured by debt. In the first purpose, by extending the loan through securing the debt, the creditor is relieved of most of the financial risks involved because it allows the creditor to take the property in the event that the debt is not properly repaid. In exchange, this permits the second purpose where the debtors may receive loans on more favorable terms than that available for unsecured debt, or to be extended credit under circumstances when credit under terms of unsecured debt would not be extended at all. The creditor may offer a loan with attractive interest rates and repayment periods for the secured debt.
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- jeremy london joins jason wahler janice dickinson in
Jeremy London has checked into Celebrity Rehab With Dr. Drew after a bizarre kidnapping escapade with his wife, in which he claimed he was forced to take drugs 201007
Source : http://www.okmagazine.com/2010/07/jeremy-london-joins-jason-wahler-janice-dickinson-in-celebrity-rehab/ - frankie lons ok magazine the first for celebrity news
Posted to: Dr. Drew Pinsky, Frankie Lons, Janice Dickinson, Jason Davis, Jason Wahler, Jeremy London, Keyshia Cole, Leif Garrett, rachel uchitel, Tiger Woods. 1
Source : http://www.okmagazine.com/tag/frankie-lons/ - man down code 10 frankie lons will be on celebrity rehab
MAN DOWN CODE 10: Frankie Lons Will Be On Celebrity Rehab I also can't wait for the episode when Dr. Drew finds out what happens when you feed Frankie after dark.
Source : http://www.dlisted.com/node/38077 - buzz notes keyshia cole's mom frankie lons confirmed for
Keeping their pockets packed to the hilt and their coins stacked, VH1 and Dr. Drew Pinsky have decided to begin a new season of the hit series 'Celebrity
Source : http://www.crunktastical.net/2010/07/19/frankie-lons-joins-cast-celebrity-rehab - frankie lons news pictures and videos gossiponthis com
Frankie Lons news, pictures and videos! Is the World Ready for Another Season of "Frankie Check out Neffe's new look for the 2nd season of The Frankie n Neffe Show!
Source : http://gossiponthis.com/tag/frankie-lons/
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Monday, July 19, 2010 | 1:05pm . SMASH or PASS: Frankie Lons. Posted by Fat Back Chef
Source : http://highbridnation.com/2010/07/19/smash-or-pass-frankie-lons/ - frankie lons will be on celebrity rehab
Vh1 has announced the cast for Dr. Drew's Hour of Crackheaded Foolery and it looks like season four will be filled with zero celebrities and zero rehab, but a
Source : http://gossiprex.com/frankie-lons-will-be-on-celebrity-rehab - frankie lons frankie lons pictures biography news
Frankie Lons - Get Frankie Lons pictures, biography, dating, movies, tv shows, height, latest news, forum and more. Frankie Lons stars on BET's reality docu-drama, Frankie & Neffe
Source : http://www.poptower.com/frankie-lons.htm - in case you missed it ~ frankie lons keyshia cole’s mom on judge
In Case You Missed It ~ Frankie Lons (Keyshia Cole’s - I told y’all months ago that Keyshia Cole’s Bio-Mom Frankie Lons had an upcoming Judge Mathis appearance and even
Source : http://hiphopblips.dailyradar.com/story/in-case-you-missed-it-frankie-lons-keyshia-cole-s-mom/ - notablequotable frankie lons on changing entertainment newswire
'I'm not going to change for nobody. This is what got me where I am. People who want me to change ain't paying my bills,
Source : http://www.bvnewswire.com/2009/02/23/notable-quotable-frankie-lons-on-changing/
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