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A secured loan gives the lender the right to

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A secured loan gives the lender the right to

A secured loan gives the lender the right to

▸ take any assets or property if the loan is not repaid according to its terms in the promissory note.

▸ take certain assets or property if the loan is not repaid according to state laws.

▸ any assets or property if the loan is not repaid according to state laws.

▸ take certain assets or property if the loan is not repaid according to its terms in the promissory note.

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Personal Finance

Edition: 2^nd

Author: Bajtelsmit

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