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Other forms of collateral can be used as security for a loan. A Collateral Loan Form will be completed to identify the item being used as collateral. This loan can be used to purchase major home appliances, furniture, computers, hot tubs, tractors, farm equipment, lawn mowers, etc. Comaker Loans Comakers may be accepted as collateral on a loan. A statement demonstrating sufficient ability to repay must be submitted prior to acceptance.

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