Collateral !

The collateral that you use to secure your low rate loan can make a big difference in the amount of interest that you pay¡K but some lenders restrict themselves to certain types of collateral. Investigate your collateral options so that you'll know whether the lender you decide to apply to accepts different types of collateral, or if they only accept one or two specific forms.

A high-value item or home equity are the most common types of collateral used.