Investopedia / Yurle Villegas Hypothecation occurs when an asset is pledged as collateral to secure a loan. The asset owner does not give up title, possession, or ownership rights, such as income ...
This will be useful while updating the credit history in case of any discrepancies in your credit score and report. d) Hypothecation essentially means that the car for which you have taken a loan for ...
d) Hypothecation essentially means that the car for which you have taken a loan for is kept as collateral with the bank until you pay off the loan. The car is in the physical possession of the ...