svallan117 svallan117
  • 22-02-2022
  • English
contestada

Describe how a secured loan is different from an unsecured loan

Respuesta :

michaeltrevino719
michaeltrevino719 michaeltrevino719
  • 22-02-2022

Answer:

Secured loan uses collateral (car or house) where unsecured does not use collateral (loan made just on promise to pay it back). ... Unsecured are usually smaller with higher interest rates.

Explanation:

Answer Link

Otras preguntas

Find the value of -|-5|
Estimate to the nearest dollar, the total cost: 23.45+3.98+16.66+12.08
Find the midpoint of PQ P(4 1/3, 3 1/6), Q(-2 1/5, 3 2/3)
How to write 395,980 in expanded form
What is the source of the electrons produced in beta decay
What is different between the 20 amino acids are used to make proteins?
3 1/2 • 4 3/4 please help
What happens to the entropy in the reaction I^2(s) ►I^2(g)? A. Entropy decreases in the reaction. B. Entropy stays the same in the reaction. C. It is impossibl
4. The distance light travels in one year is approximately 5,870,000,000,000 miles. The distance light travels in 100 years is: (a) 587 × 10^8 miles (b) 587 × 1
A ratio of laptops to tabelets in the stock room of a store is 13:17. If there are a total of 90 laptops and tabelets in the stock room, how many laptops are in