Schedule AnythingFeature requests, design considerations and architecture for the Schedule Anything product. |
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In order for it not to be a complete loss for your lender, you give them collateral.” This means that in the event you don't pay your loan back with the interest written in the contract, that the lender has an asset (or something similar) of yours which is worth the value of the loan, or at least relative to it. Often, this collateral is real estate, assets or even stock.
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