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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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Orange County College is a community college in Costa Mesa, California offering programs leading to associate degrees, transfer to other institutions, occupational certificates, and continuous workforce improvement.
Source : http://www.orangecoastcollege.edu/ - orange coast college class schedules
English as a Second Language Program. PASS Groups - Fall 2010 © 2010 Orange Coast College • 2701 Fairview Road • Costa Mesa, California 92626 • (714) 432
Source : http://www.orangecoastcollege.edu/academics/class_schedule/ - orange coast college wikipedia the free encyclopedia
Orange Coast College (OCC), founded in 1947, with its first classes opening in the fall of 1948, is a community college providing two-year associate
Source : http://en.wikipedia.org/wiki/Orange_Coast_College - orange coast college orangecoast on twitter
OCC, Orange County's top combined transfer school, with 130 career programs, nationally-acclaimed sports programs, and an awesome 164-acre campus.
Source : http://twitter.com/orangecoast - orange coast college
Orange Coast College. Extended Education Program. Home | Courses Design a life that makes you happy by learning how you can use work to express
Source : http://www.ed2go.com/occ/
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- orange coast college wikipedia the free encyclopedia
Orange Coast College (OCC), founded in 1947, with its first classes opening in the fall of 1948, is a community college providing two-year associate of art and science degrees
Source : http://en.wikipedia.org/wiki/Orange_Coast_College - orange coast college
Community college located in Costa Mesa, C
Source : http://orangecoastcollege.edu/ - orange coast college online classes homepage
Turn around time for support issues is 24 hours excluding weekends and holidays. Fill out a Support Request Online
Source : http://online.orangecoastcollege.edu/ - orange coast college information academics admissions financial aid
Orange Coast College General Information, Alumni, History, Campus, Students, Faculty, Address, and Tuition
Source : http://www.stateuniversity.com/universities/CA/Orange_Coast_College.html - coast community college district
District including Coastline Community College in Fountain Valley, Golden West College in Huntington Beach, and Orange Coast College in Costa Mesa. District information and links
Source : http://www.cccd.edu/
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