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It can depends on where and/or in what country you are asking about.

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Q: Can banks use animals as collateral?
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Related questions

Are there any banks or lenders in California that process collateral assignment loans?

Are there any banks or lenders in California that use life insurance as collateral?


How do you use Check as a collateral?

You cannot use check's are collateral. Either cash or bank deposit receipts or property can be used as collateral. Usually check's have a validity period of 6 months after which they are useless. So banks would not accept them as collateral


Are there any banks or lenders that process collateral assignment loans ga?

I would like to know if you know the bank in atlanta, ga that use term life insurance policy as collateral for a loan.


Can I use it as a collateral for credit facilities?

Yes, most banks in Indonesia allow you to use the time deposit as a collateral for credit facilities or secured overdraft. Infact they offer great interest rates that can be extended automatically along with the principal.


Where can I find auto collateral loans?

There are many different types of places that offer loans. Since you just bought the car you may not be able to use it for collateral if you are currently making payments on it. Local banks ususally offer collateral based loans so contact the bank where you do business.


What do animals in rivers use for shelter?

They make burrows in the river banks.


What do many banks consider student loans risky investments?

They can't provide Collateral - Apex : )


Why are student loans usually guaranteed by the government?

Banks don't have any collateral for student loans.


How do you use the word collateral in a sentence?

The bank required me to provide collateral, such as my car, in order to secure the loan.


Can I use equipment of any kind to use as collateral for a loan?

There are banks that offer agricultural loans, if you are trying to get the money for your farm. The government subsidizes these loans too, you will need to go to your local department of agriculture and ask them.


Can you use a vehicle for collateral?

YES YOU CAN


What exactly are accounts receivable loans?

Basically, a business will use it's receivables as collateral on a line of credit. Many times banks will give better rates on this type of loan because it is secured.