In a credit transaction,the creditor will usually take a security interest through:

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A security interest is typically taken through collateral, which is an asset pledged as security for repayment of a loan. The mortgage note may be used in a real estate transaction, but collateral is a more general term that applies to any type of asset taken as security. A high interest rate may be charged, but that alone does not constitute a security interest.

In a Credit Transaction,the Creditor Will Usually Take a Security