fbpx

What is a lien? Business News Daily Asked Jane Muir

Matt D'Angelo authored an article, "What is a lien?" For Business News Daily. "Lenders need to protect their investments. It's the reason why loan processes can involve weeks of due diligence. It's also why many lenders have to secure the loan – if you can't meet your monthly payments, they sell assets you've put up as collateral to try and cover their loss. This security usually involves a lien, which is a Read More