Translations for „collateral loan“ in the English » Polish Dictionary

collateral loan, collateralized loan N ECON

collateral loan

kredyt m lombardowy

Usage examples with collateral loan

collateral for a secured loan

dodatkowe zabezpieczenie pożyczki

Monolingual examples (not verified by PONS Editors)

English

That loan similarly becomes a collateral loan which can't be transferred easily, not only because it's a floating rate, but also because it's a floating balance.

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Traditional mortgages are secured directly by the property, whereas collateral loans such as lines of credit are promissory notes with the property pledged as collateral.

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A title loan is a type of collateral loan that uses the borrower's vehicle title to secure the loan.

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As well, lenders charge monthly interest on collateral loans, while interest on traditional mortgages is calculated semi-annually (the more frequently interest is calculated, the more interest you pay).

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