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Secured bank loan video

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A secured bank loan is a loan which is given by a bank to a person who submits collateral. This means that the customer gets money against an asset, or more assets, regardless of their kind. It can go from a home, a car to jewelry. The bank accepts the collateral based on the sum of money the customer is going to receive.

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18 - Banking -- Demand loans and Term Loans

Banking -- Demand loans and Term Loans

3 -- Demand Loans

Demand loans are short term loans (typically no more than 180 days) that are atypical in that they do not have fixed dates for repayment and carry a floating interest rate which varies according to the prime rate. They can be "called" for repayment by the lending institution at any time. Demand loans may be unsecured or secured.

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It is a loan in which, for a set term, the borrower pays only the...

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Emirates Loan is a company which is performing a bridge role between Expats/UAE nationals who are seeking for Loans and the Banking professionals who are willing to give loans.

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