What does "secure a loan" means? doe it mean "borrow money"?

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2007-09-30 17:43:58 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance

Pretty much. Securing a loan means you're securing financing...yes, getting a loan.

We'd probably have to hear the context to really know, though.

2007-09-30 17:47:42 · answer #1 · answered by Debdeb 7 · 1⤊ 0⤋

if you secure a loan that means you have been approved for the said loan. and yes that is borrowing money when you take out a loan.

2007-10-01 00:53:13 · answer #2 · answered by Gladys C 5 · 0⤊ 0⤋