Collateral Under 2 Minutes Finance Strategists Your Online Finance Dictionary

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Collateral is any asset offered by a borrower as security for a loan. In the event that the borrower is unable to pay back the loan, the lender may seize the collateral in an attempt to recoup some or all of the loan amount. A lender’s claim to collateral is called a lien. Although it is typical for the asset being borrowed against to be put up as collateral, a variety of assets may be offered as collateral—including real estate, vehicles, and even heirlooms with monetary value. • _______________________ • 0:00 Collateral Definition • 0:35 Collateralized Loan • 1:03 Examples of Collateral Loans • 1:29 Collateral Question Application • _______________________ • Talk with an advisor by emailing [email protected] • Learn more by visiting the page: • https://www.financestrategists.com/te... • Check out the main Finance Strategists YouTube Page here: • / @financestrategists4468 • _______________________ • Message from the founder: • Here at Finance Strategists, we believe one of the best ways you can help someone is with their finances. We create helpful informational videos and content to help people take control of their finances. • Finance Strategists plans to launch Finance Strategists for Kids where we teach fundamental financial concepts to kids in a clear manner allowing them to generate margin in their lives to bless other people. We believe raising up a generation of leaders with financial freedom can change individual lives, neighborhoods, countries, and the world. • _________________________ • 🔔 Hit the bell next to Subscribe so you don't miss a video! • 📧 Fill out this form to receive the Finance Word of the Day in your inbox! • 👨🏻‍💻 Watch our newest vids! - https://bit.ly/FS-Recently-Added • 💃 To book Ranie for voiceover or spokeswoman, email [email protected] • _________________________ • Follow us on Socials: • Website: FinanceStrategists.com • Instagram: @financetrategists • Twitter: @FinStrategists • LinkedIn: https://bit.ly/FS-linkedin • Facebook: https://bit.ly/Facebook-FS

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