Learn how recourse and non-recourse loans differ, their benefits and risks, and impact on your financial choices.
The coming banking crisis, and suggestions of an incoming bust in commercial real estate, has given rise to some questions about recourse versus non-recourse debt and what impact the differences in ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A recourse is a legal agreement that gives the lender the right to pledged collateral if the ...