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Using collateral to secure loans

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Author Info
Yaron Leitner
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.

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File URL: http://www.philadelphiafed.org/research-and-data/publications/business-review/2006/q2/br_q2-2006-2_using-collateral.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Philadelphia in its journal Business Review.

Volume (Year): (2006)
Issue (Month): Q2 ()
Pages: 9-16
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Handle: RePEc:fip:fedpbr:y:2006:i:q2:p:9-16

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Related research
Keywords: Loans;

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This page was last updated on 2009-12-12.

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