Seizing security when a loan goes into default?

I have a small loan with a credit company and during the application they asked me what personal items I have that could be used as security. I told t

I have a small loan with a credit company and during the application they asked me what personal items I have that could be used as security. I told them I have a PS4, Samsung laptop and an iphone. They never asked for any further details about the items and on the contract all that was written in the 'security' section was a list of the items. If the loan goes into default do they have any right to seize the goods?

or:I have a small loan with a credit company and during the application they asked me what personal items I have that could be used as security. I told them I have a PS4, Samsung laptop and an iphone. They never asked for any further details about the items and on the contract all that was written in the 'security' section was a list of the items. If the loan goes into default do they have any right to seize the goods?

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