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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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- jason wahler iii
Self: "The Hills: Timing Is Everything (#1.10)". Visit IMDb for Photos, Filmography, Discussions, Bio, News, Awards, Agent, Fan Sites.
Source : http://www.imdb.com/name/nm2061457/ - jason wahler iii news
It's official: Jason Wahler's rap sheet now has more credits than his IMDb résumé. It's official: Jason Wahler's rap sheet now has more credits than his IMDb résumé.
Source : http://www.imdb.com/name/nm2061457/news - jason wahler news jason wahler bio and photos tvguide com
Get the latest Jason Wahler News, Bio, Photos, Credits and More for Jason Wahler on TVGuide.com
Source : http://www.tvguide.com/celebrities/jason-wahler/290560 - jason wahler gossip the hollywood gossip
Posts filed under 'Jason Wahler' including Jason Wahler Arrested (This is a New Story), Jason Wahler: Celebrity Rehab Bound?, Jason Wahler Will Do Time, Th
Source : http://www.thehollywoodgossip.com/categories/jason-wahler/ - jason wahler
Jason Wahler rose to fame as one of the stars from the MTV reality show Laguna Beach: The Real Orange County and The Hills.
Source : http://www.mahalo.com/jason-wahler
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The Hills star was busted for a DUI in Newport Beach, Calif.
Source : http://www.people.com/people/article/0,,20353417,00.html - jeremy london janice dickinson jason wahler to enter
Jeremy London, Janice Dickinson, Jason Wahler and Leif Garrett are among those entering season four of VH1's "Celebrity Rehab."
Source : http://www.mtv.com/news/articles/1643917/20100719/story.jhtml - janice dickinson jeremy london jason wahler join
Janice Dickinson, Jeremy London, Jason Wahler Join Celebrity Rehab - Get your daily celebrity dish on omg Janice Dickinson, Jeremy London and Jason Wahler are among the
Source : http://omg.yahoo.com/news/janice-dickinson-jeremy-london-jason-wahler-join-celebrity-rehab/44097 - the hills' jason wahler behind bars e online
The former Hills star is expected to remain in a Washington jail until December
Source : http://www.eonline.com/uberblog/b146885_hills_jason_wahler_behind_bars.html - jason wahler gossip the hollywood gossip
Posts filed under 'Jason Wahler' including Jason Wahler Arrested (This is a New Story), Jason Wahler: Celebrity Rehab Bound?, Jason Wahler Will Do Time, Th
Source : http://www.thehollywoodgossip.com/categories/jason-wahler/
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