# recourseLoan

The only way you get the money back in the event of default is the security. Recourse is where you still have the opportunity to go back to the borrower for the rest of the money.

## Expected Types

| Type | Description |
|------|-------------|
| [Boolean](https://schema.org.ai/Boolean) | Boolean: True or False. |

## Used on Types

| Type | Description |
|------|-------------|
| [LoanOrCredit](https://schema.org.ai/LoanOrCredit) | A financial product for the loaning of an amount of money, or line of credit, under agreed terms and charges. |

---

Quoted from Schema.org 30.1, https://schema.org/recourseLoan, under CC BY-SA 3.0. Served by the Org.AI Foundation at https://schema.org.ai/recourseLoan.