svallan117 svallan117

22-02-2022
English

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Describe how a secured loan is different from an unsecured loan

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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:

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