3 ms·
If the borrower is the one setting the collateral, what's to prevent me from putting up something that's rapidly depreciating like my collection of e-Beanie Bab
by Adamantcheese 8y ago
If the borrower is the one setting the collateral, what's to prevent me from putting up something that's rapidly depreciating like my collection of e-Beanie Babies and effectively stealing the loan?
- ghthor 8y agoI'm sure the lender could make the right decision there if they had enough knowledge and were able to view what the collateral is.