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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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- celebrity rehab 2010 cast jason wahler jason davis rachel
"Celebrity Rehab 4" on VH1 will include actor Jeremy London, model Janice Dickinson and "Hills" alum Jason Wahler.
Source : http://www.ledger-enquirer.com/2010/07/18/1198843/celebrity-rehab-2010-cast-jason.html - jeremy london joins jason wahler janice dickinson in
Jeremy London Joins Jason Wahler, Janice Dickinson in Celebrity Rehab' mother Frankie Lons, oil heir Jason Davis and Tiger Woods former mistress Rachel Uchitel.
Source : http://www.okmagazine.com/2010/07/jeremy-london-joins-jason-wahler-janice-dickinson-in-celebrity-rehab/ - jason davis viii
Actor: Talladega Nights: The Ballad of Ricky Bobby. Visit IMDb for Photos, Filmography, Discuss this person with other users on IMDb message board for Jason Davis (VIII)
Source : http://www.imdb.com/name/nm1151921/ - rachel uchitel jeremy london jason davis to be on
Rachel Uchitel, Jeremy London, Jason Davis among cast of 'Celebrity Rehab 4.
Source : http://abcnews.go.com/Entertainment/jeremy-london-jason-davis-rachel-uchitel-celebrity-rehab/story?id=11197850 - celebrity rehab cast 2010 jason whaler rachel uchitel join
Celebrity Rehab Cast 2010: Jason Whaler, Rachel Uchitel Join Cast Jason Davis (socialite) Frankie Lons (mother of singer Keyshia Cole)
Source : http://www.nowpublic.com/culture/celebrity-rehab-cast-2010-jason-whaler-rachel-uchitel-join-cast-2641897.html
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- jason davis's page my kicksonfire com
Jason Davis's Page on My.KicksOnFire.com Jason Davis has not received any gifts yet. Give Jason Davis a Gift
Source : http://my.kicksonfire.com/profile/JasonDavis?xg_source=activity - jason davis gossip the hollywood gossip
Posts filed under 'Jason Davis' including Jason Davis: Engaged to Millionaire Matchmaker Chick?, Jason Davis (Gummi Bear) on Millionaire Matchmaker, Gummi
Source : http://www.thehollywoodgossip.com/categories/jason-davis/ - donald jason davis certified pilot in kansas city
Donald Jason Davis: Address: 7733 NE 51ST ST 64119-4034 KANSAS CITY,MO: Medical class: First: Medical date: August 2007: Medical expiry date: February 2008
Source : http://pilots.aircraftdata.net/Missouri/pilot/310170/DONALD+JASON+DAVIS.aspx - jason davis gummi bear on millionaire matchmaker the hollywood
Jason Davis, a.k.a. Gummi Bear, was a contestant on Millionaire Matchmaker. That show has officially jumped the shark!
Source : http://www.thehollywoodgossip.com/2010/02/jason-davis-gummi-bear-on-millionaire-matchmaker/ - jason davis viii
Actor: Talladega Nights: The Ballad of Ricky Bobby. Visit IMDb for Photos, Filmography, Discussions, Bio, News, Awards, Agent, Fan Sites.
Source : http://www.imdb.com/name/nm1151921/
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