Appraisal

Published 11 Aug 2020

To appraise something is to determine its value. When applying for a secured personal loan, a lender usually requires an authorised appraiser to assess the value of an asset before it can be pledged as collateral. This method usually involves comparing the asset's market value with similar properties or items.

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business