Loans
Personal Loans Student Loan Refinance Auto Refinance Mortgages Mortgage Refinance
Credit CardsSavingsCredit Score
Learn
Learn

>

Glossary

>

C

>

Collateral

Collateral

Collateral is the asset that is being used to secure a specific loan, whether it is the house for a mortgage or car for an auto loan, in the event the borrower defaults on the loan and the collateral must be seized.

Related Products

Auto Loan Refinance Graphic
Auto Refinance