Essentially, anything that has tangible financial value can be used as collateral for a personal loan. The idea is that the bank or lender will be able to sell the collateral to pay off the loan in the event that you default. Here are a few quick examples of what other borrowers have used as collateral in the past. A significant cash savings account. A CD (certificate of deposit) cash account. Car Boat Home or a second property like a vacation home or investment property. Stocks, bonds, and other investments. An insurance policy. Expensive jewelry. Fine art. Antiques or family heirlooms. Collectibles. Gold, silver, and other precious metals. Future paychecks. These are just a few examples of what a bank may consider collateral. Ultimately, it is up to the bank or lender to decide whether or not your offering of collateral will be substantial enough to secure the loan for the amount that you are seeking.