Journal Article

Using collateral to secure loans


Abstract: In ?Using Collateral to Secure Loans,? Yaron Leitner asks: Why is collateral used to secure some loans, but not others? And why does collateral potentially involve more risk? He considers these questions, looking at some of the explanations for using collateral, focusing on its benefits and drawbacks.

Keywords: Loans;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Business Review

Publication Date: 2006

Issue: Q2

Pages: 9-16