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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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- trident technical college
Offering a variety of academic programs in campus-based and distance learning formats.
Source : http://www.tridenttech.edu/ - trident technical college
Aeronautical Training at Trident Technical College. On Oct. 28 Boeing announced N. Charleston as the location for an assembly site for the 787 Dreamliner aircraft.
Source : http://www.tridentech.org/ - continuing education
Two year technical college located in Charleston South Carolina that offers Associate Degrees, Certificate, and Diploma Programs
Source : http://www.tridenttech.edu/ce.htm - trident technical college wikipedia the free encyclopedia
It is part of the South Carolina Technical College System. Trident Technical College was formed in 1973 from the merger of the Berkeley-Charleston-Dorchester Technical
Source : http://en.wikipedia.org/wiki/Trident_Technical_College - trident technical college south carolina
The main campus of Trident Technical College is in Charleston, SC (a small city). The school is a public school. Trident Technical College offers
Source : http://www.citytowninfo.com/school-profiles/trident-technical-college
Or for further references, check out the following resources :
- welcome to trident technical college
Student services, admissions, academic programs, news, faculty and staff, employment. Located in North Charleston.
Source : http://www.tridenttech.edu/ - trident technical college
Trident Technical College, also known as TTC, is a two-year college based in Charleston, South Carolina, United States. It was created in 1973 from the merger of the Berkeley
Source : http://www.braintrack.com/college/u/trident-technical-college - trident technical college all online courses
Now, click the title of any course listed below to see a detailed description of the course, learn about any requirements, meet the instructor, and find
Source : http://www.ed2go.com/trident/online_courses/list.html - trident technical college charleston sc 29406 843 5746111
Get detailed information about Trident Technical College in Charleston, SC including admissions requirements, degree programs offered, and tuition.
Source : http://www.campusexplorer.com/colleges/3833E3E5/South-Carolina/Charleston/Trident-Technical-College/ - library
Two year technical college located in Charleston South Carolina that offers Associate Degrees, Certificate, and Diploma Programs
Source : http://www.tridenttech.org/library.htm
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