Posted on: 19th Aug, 2010 09:20 am
I would like to know can I use my land as collateral to receive a personal loan which I will pay back. If this is possible how and where do I start the process.
Welcome STEWART,
You will be able to get a personal loan using the land as a collateral. You should contact the local lenders offering personal loans and check out if you meet the required criteria. Based on that, you would be able to get the loan.
You will be able to get a personal loan using the land as a collateral. You should contact the local lenders offering personal loans and check out if you meet the required criteria. Based on that, you would be able to get the loan.