A secured loan is backed by a borrower's assets. This decreases the lender's risk in granting the loan. In a secured loan, a lender has recourse if the borrower defaults. The lender can then take possession of the assets that secure the loan. A secured loan could be an installment loan with the borrower's computers, piano or some other high-value items as collateral for securing repayment. In the event of default, the defaulting borrower will have to surrender those high-value possessions to the lender. The lender will then have the items appraised and sell them to pay off the remaining balance of the loan. People with less-than-perfect credit usually find it easier to get a secured loan than an unsecured loan. If a credit card holder defaults on card payments, the vendor can then request the items purchased with that credit card be forfeited as payment of the card balance.