Having a collateral
학생이 쓴 원문
Having a collateral for loan is sometimes helpful when you have a difficulty getting loan from banks. And having a collateral makes the interest for loan lower. However, it can be dangerous. Actually I saw some people miss their houses as a collateral because they couldn\'t pay back the loan in time. Thus when designating your house as a collateral, we should be careful.
강사 첨삭
Hello, Gi [이름]!
Thank you for your insights regarding this topic. I agree! Having collateral can be beneficial for the person taking a loan as they can get bigger money at lower interest rates, but it can also be dangerous if they won\'t be able to pay it.
- T. Caitlyn
Having a collateral for loan is sometimes helpful when you have a difficulty getting loan from banks.
>> Having collateral for a loan is sometimes helpful when you have difficulty getting a loan from banks.
And having a collateral makes the interest for loan lower.
>> And having collateral makes the interest for the loan lower.
However, it can be dangerous.
>> CORRECT
Actually I saw some people miss their houses as a collateral because they couldn\'t pay back the loan in time.
>> Actually, I\'ve seen some people lose their houses as collateral because they couldn\'t pay back the loan on time.
Thus when designating your house as a collateral, we should be careful.
>> CORRECT
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