Using collateral to secure loans

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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Year of publication:	2006
Authors:	Leitner, Yaron
Published in:	Business Review. - Federal Reserve Bank of Philadelphia. - 2006, Q2, p. 9-16
Publisher:	Federal Reserve Bank of Philadelphia
Subject:	Loans

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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