Tag Archives: #CollateralizedLoan

Loan Against Property

Loan Against Property In a loan against property (LAP), individuals offer their property as security to obtain funds from a lender, making it a secured borrowing option. This loan allows individuals to utilize the equity in their property to obtain a loan for various purposes, such as business expansion, education expenses, medical emergencies, debt consolidation,… Read More »

Gold Loan

Gold Loan A gold loan is a type of secure loan where gold jewelry or ornaments are pledged as collateral to obtain funds from a lender. Brief overview of Gold Loans (GL): 1. Collateral: Gold jewelry or ornaments are use as collateral for obtaining a GL. The lender evaluates both the quality and quantity of… Read More »