Not many people like the idea of needing to pledge something as collateral. Everybody has their things that are theirs, and they want to keep it that way. So, when somebody even slightly threatens to take something of theirs away from them, people tend to get upset. This is definitely the case when someone is […]
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What You Can Use as Bail Bond Collateral
09
May
May
Collateral is a term used to cover something that is pledged as security for repayment of a loan. Collateral is forfeited in the event that the original payment for the loan does not occur. You may be familiar with the concept of collateral for bank financing purposes, but did you know that it is also […]