Some personal loans require collateral — that is, a personal asset, such as a car, home, cash deposit or investment — that you offer to secure the loan. This asset reduces the lender’s risk, as you’ll ...

The average cost of a vehicle is not cheap by any means. A new car costs almost $48,759, while the average price of a used car is $26,446. Many consumers simply don’t have the cash to buy a car ...

Discover how collateral value affects lending, explore key methods to estimate it, and understand its role in determining loan-to-value (LTV) ratios.

Learn about title loans, how they work, their costs, and risks involved. Ideal for those with poor credit, yet can be costly with high APRs. Understand better options.