Collateral is a term used to cover something that is pledged as security for repayment of a loan. Collateral is forfeited in the event that the original payment for the loan does not occur. You may be familiar with the concept of collateral for bank...

Car enthusiasts value their vehicles more than many other things in their lives; it is a prized possession. These people will not hesitate to keep spending money on their car(s) to upgrade, modify, and personalize it to their liking. These modifications can include tinted windows,...