Difference between formal sector loans & informal sector loans brainxx.in
What Is Collateral Brainxx. It refers to an asset that a lender accepts as security for a loan. That is, if the borrower defaults.
Difference between formal sector loans & informal sector loans brainxx.in
Web collateral is a term which is most often used in the banking sector, especially in the department which deals with loan and fund sanctions and also in other places. The collateral acts as a form of protection for the lender. That is, if the borrower defaults. If the borrower fails to pay the loan, the lender has the right. It refers to an asset that a lender accepts as security for a loan. Collateral is an asset or piece of property that a borrower offers to a lender as security for a loan.
Web collateral is a term which is most often used in the banking sector, especially in the department which deals with loan and fund sanctions and also in other places. Web collateral is a term which is most often used in the banking sector, especially in the department which deals with loan and fund sanctions and also in other places. Collateral is an asset or piece of property that a borrower offers to a lender as security for a loan. If the borrower fails to pay the loan, the lender has the right. That is, if the borrower defaults. It refers to an asset that a lender accepts as security for a loan. The collateral acts as a form of protection for the lender.
