Secured Creditor

Dictionary Says

Definition of 'Secured Creditor'

Any creditor or lender that takes collateral for the extension of credit, loan or bond issuance. In the arena of personal finance, the most well-known secured creditors are mortgage lenders whose loans are secured either by a first or second lien on a property.
Investopedia Says

Investopedia explains 'Secured Creditor'

Secured creditors have the most senior protection in bankruptcy, since they have specific assets that collateralize their loans. Secured creditors also generally have the right to repossess or foreclose on the property against which a lien is held when the borrower is in default.

Related Definitions

Search results for

'Secured Creditor'

  • An Overview Of Corporate Bankruptcy

    http://www.investopedia.com/articles/01/120501.asp
    ... Secured creditors, who are even more risk-averse than regular bondholders, accept
    very low interest rates in exchange for the added safety of corporate assets ...
  • What You Need To Know About Bankruptcy

    http://www.investopedia.com/articles/pf/07/bankruptcy.asp
    ... They are: Secured Debts: These include loans in which the creditor has
    security interest in the property provided as collateral. ...
  • Series 6 Study Guide - Investment Securities - Corporate Bonds ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-securities/corporate-bonds.asp
    ... If the company defaults, the bondholders will have the same claim on the company's
    assets as any other general creditor. Though secured bondholders will be ...
  • Series 7 Study Guide - Debt Securities - Corporate Bonds ...

    http://www.investopedia.com/exam-guide/series-7/debt-securities/corporate-bonds.asp
    ... A bondholder is a creditor; a shareholder is an owner. Secured Debt Bonds are often
    secured, or backed by a specific pledged asset or other form of collateral. ...
  • 6 New Credit Scams To Watch Out For - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0710/6-New-Credit-Scams-To-Watch-Out-For.aspx
    ... help get things removed off your credit report or get a creditor to forgive ... Phishing
    Scam And How Can They Be Avoided?); Credit Card Scams Secured credit cards ...
  • How To Survive A Bankruptcy Filing

    http://www.investopedia.com/articles/pf/11/how-to-survive-bankruptcy.asp
    ... Bankruptcy will not clear away secured debts, meaning you may lose your car, your
    house, and ... a credit card to zero so itÂ’s not listed as a creditor in your ...
  • 13 Pre-Issue Corporate Bond Questions For Businesses

    http://www.investopedia.com/articles/bonds/09/corporate-bonds.asp
    ... areas for improvement such as debtor, stock, trade or creditor management, capital ...
    Ins And Outs Of Corporate Eurobonds.); Should the bond be secured, fixed rate ...
  • Changing The Face Of Bankruptcy

    http://www.investopedia.com/articles/pf/08/bankruptcy-act.asp
    ... after filing for chapter 7 relief in order to cover both secured and unsecured ... Debts
    in excess of $500 made to a single creditor for luxury goods within 60 ...
  • Consider Prime Rate Funds For More Income

    http://www.investopedia.com/articles/mutualfund/08/prime-rate-funds.asp
    ... look. How Yield Is Generated To achieve such high yields, prime-rate funds
    invest in floating-rate, secured corporate loans. These ...
  • Taking Advantage Of Corporate Decline

    http://www.investopedia.com/articles/stocks/06/bankruptcy.asp
    ... also can be approved by the courts without owner or creditor consent if ... The distribution
    of new shares occurs in the following order: Secured Creditors - These ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links