Wednesday, April 19th, 2017

 

Chattel Mortgage on the Rise: Should You Go for It?

With more and more individuals and businesses opting for chattel mortgages, you’re probably asking the question right now of whether you should also go for it or not. Before you make a move, though, you need to understand first how chattel mortgages work and whether you will actually benefit from taking one or not. What Is a Chattel Mortgage? According to Investopedia, a chattel mortgage or a CM is a legal term that describes a loan arrangement wherein the property used as security for the loan is a moveable one.Read More