How does a secured life fund work?

Imagine if all of your life, all you had wanted was a large refrigerator, a queen- sized bed and to one day see the ocean. Would that be too much to ask? But what if you were dying? What if your credit cards were ‘maxed’? And what if all you could see was the last of your savings drain away on the basics of living? These were the ambitions and circumstances of one particular woman I became aware of recently when she contacted the Cancer Society of America seeking help.  The charity, in turn, referred her to one of a growing number of investment vehicles in the US that lend money against ...