Frequently Asked Questions About Cash Collateral Loans

If you have bad credit but need a cash loan quickly, you may find that the only way to get the money you need is by getting a cash collateral loan, also called a secured loan. This type of loan requires you to give the lender some kind of collateral in exchange for them lending the money to you. Typically, these are short term loans at higher-than-market-value interest rates. But, if you need money, this type of loan can help you keep your power on, buy food until your next payday, or pay for an unexpected auto repair. Read More