What is secured loan?

A secured loan is a loan in which the borrower pawns some capital (for example a car or a property) as a secured for the loan, which then becomes a fixed debt due to the creditor who grants the loan. The debt is thus fixed against the secured loan - if the borrower would transfer himself, the creditor takes the possession of the capital used as guarantee and can sell it to satisfy the debt by regaining the quantity in the beginning lent to the borrower. Of the creditor of the 'prospect for S it is a category of debt in which one granted a lender part of the package of right-hand sides to the specific property. The ready opposite of the dette/du fixed is the debt without guarantee, which is not connected to any specific piece of property and the place the creditor can satisfy the debt against the borrower rather than just the borrower the 'guarantee.