Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78   Go Back To Search Results Question If using savings bonds as collateral for a secured loan who keeps possession? I'm looking into getting a secured personal loan for improvements to a new home and would like to use my savings bonds as collateral. When I do this can I continue to keep the bonds in my safe deposit box or do I have to physically turn them over to the bank? By bxk182 Posted on 06/13/08 Total Answers 2 Answers- Cheap personal loans are cheap mainly because they are available online where most of the lenders remain present to be readily available to the borrowers. This act of them creates a tough competition in the market. The obvious result comes with cheap rates with easy repayment terms. Online cheap personal loans are fast too<!--however cheap personal loans become really cheap when they have got the fabrication of being secured. In secured cheap personal loans, the borrower is required to pledge collateral. This collateral actually serves as the security of the lender’s money which in return assures cheap rates for the borrower. http://best-loans.awardspace.com/personalloans.htm Yet, the unsecured cheap personal loans are no less in the race because they are the loans which do not require you to pledge any collateral. Moreover, cheap personal loans are open to the bad credit holders too, only with a slight variation in the rates of interest. Well, their availability for bad credit holders approve the fact that they are for mass-->consumers and anything which is open to all is bound to be cheap enough which is the case with cheap personal loans. These are the loans for your personal needs and when you will have them, they also take you to bosom. Answer by : Sheila On Date 2008-06-13 03:21:04 If the bank will accept them as collateral, they will probably want to hold them, otherwise what would keep you from cashing the bond. Most home improvement loans are done using the house itself as collateral. A second mortgage lien is great collateral and will probably get you better terms than a personal loan, even s personal loan with good collateral. Answer by : Bob On Date 2008-06-13 06:27:43   Go Back To Search Results