collateral registry

A collateral registry is an official system that records details of assets pledged as security for loans, such as property or equipment. Its purpose is to create a transparent, accessible record to verify what collateral exists, who owns it, and its value. This helps lenders assess risk, reduce fraud, and streamline loan processes. For borrowers, it offers clarity on their collateral rights and can facilitate borrowing or refinancing. Overall, it promotes a fair, efficient credit market by making collateral information trustworthy and easy to verify.