Accountancy, asked by ayushbhoge001, 7 days ago


Accepting the right of the bank on the
collateral given by the borrower means-
.​

Answers

Answered by Anonymous
0

Explanation:

Personal loans are typically unsecured, meaning they don't require collateral, but lenders require some personal loans to be backed by something that holds monetary value. Collateral on a secured personal loan can include things like cash in a savings account, a car or even a home

Similar questions