Social Sciences, asked by sthippani, 3 months ago

Of collateral
An example

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Answered by mg443379

Answer:

Mortgages — The home or real estate you purchase is often used as collateral when you take out a mortgage. Car loans — The vehicle you purchase is typically used as collateral when you take out a car loan. Secured credit cards — A cash deposit is used as collateral for secured credit cards

Answered by srishtidhakate2010

Explanation:

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