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Author Topic: Maybe I'm just stupid but...  (Read 905 times)
Amph
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January 13, 2017, 08:06:14 AM
 #21

collateral is something that you pledged to the lender. The lender can sell for $$ in the event you don't pay up and get some $$ back

which also make little sense for you to send, because you can simply use your collateral to get out of your trouble instead of asking for a loan

the cases on which you can't sell your collateral but still you need a loan can be counted on one hands, this mean that they just want to scam...
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