16/03/2020 · What are secured loans? Secured loans are loans backed with something of value that you own, called collateral. Common examples of collateral include your car or other valuable property such as jewelry. If you’re approved for a secured loan, the lender will hold the title or deed to the collateral or place a lien on it until you pay the loan off in #039;s a list of translations. Tamil Translation. பாதுகாக்க. Pātukākka. More Tamil words for secure. பாதுகாப்பான adjective. Pātukāppāṉa secure. பெறு.The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its #039;s free service instantly translates words, phrases, and web pages between English and over 100 other loan. A secured loan is a loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell How to say secure in TamilWhat's the Difference Between a Secured and Unsecured Loan?What's the Difference Between a Secured and Unsecured Loan?
