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

suppose the burner under the pan of boiling water is turned to a higher settings. how will this affect the temperature of the water in the pan?​
how are culture,geography and trade connected!?
How would this story be different if it was told from Echo's point of view? The story would give more information about other Greek gods and goddesses. The stor
if a banana costs 45 cents and your grandma is looking at the sky what color is your grandpa
Which of these factors can add to global warming? A. Reducing greenhouse gas emissions B. Reducing use of fossil fuels C. Increasing use of fossil fuel D. Incre
1. Compare by using >,<, or =. 0.24 & 0.34 A.> B. < C. =
Help please please Science atoms Quick help
2. Which situation best represents conduction? A. Heat from a campfire B. A hot air balloon taking off C. Touching a hot piece of metal D. Getting sunburned
All of the following statements about the religious reforms that took place in the United States during the first half of the nineteenth century are true, excep
On what does consumers willing to pay depends