Secured Loans

One of the most important question regarding secured loan is that, How can I borrow from Secured Loan ?



There is no any criteria about the amount of debt which the debtor should think. Depending uppon the collateral that is going to be pledged, the loan amount varies. It also varies according to the companies rules and regulations. Some of the company can provide upto 90% of the collateral whereas some of them may provide only up to 40% or even less. The variation also depends uppon the type of the collateral, that is perishable like potatoes and so on or not , daily usage type like car and so on or fixed stable type like house and so on , collateral having depreciation like machinery and others or having appreciation like land and so on.



So depending on the above criteria the, general secured loan is provided by the creditor .