Savings Bonds as Collateral

Posted By: CFreasier

Savings Bonds as Collateral - 09/19/02 03:15 PM

Does anyone know if you can take savings bonds as collateral? If you can, how do you perfect your lien and how would you determine what value to place on them?

Thanks in advance!

Posted By: Anonymous

Re: Savings Bonds as Collateral - 09/19/02 03:18 PM

From my history I found that there is no way to put a proper lien on them and know of no bank that takes them as collateral.

Posted By: rlcarey

Re: Savings Bonds as Collateral - 09/19/02 03:20 PM

5) PLEDGING SAVINGS BONDS AS COLLATERAL (NOT PERMITTED)

5.1) Can I pledge my savings bonds as collateral?
No, savings bonds aren't legally permitted to be used as collateral for a loan or as security for the performance of an obligation.

You can find more info at:

Savings Bonds FAQ

Posted By: CFreasier

Re: Savings Bonds as Collateral - 09/19/02 03:44 PM

This confirmed what I thought. Thanks!