Social Sciences, asked by kusumitadubey, 8 months ago

what can be included in the collateral demand that lenders make against loans​

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Answered by Anonymous
2

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.A secured loan is a loan that has collateral attached to it. This type ofloan generally has a lower interest rate because the bank is taking a lower risk because it can collect the collateral if you default on payments. A securedloan is a good way to build credit. The debt is thus secured against thecollateral.

Answered by Anonymous
2

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secured loan is a loan that has collateral attached to it. This type ofloan generally has a lower interest rate because the bank is taking a lower risk because it can collect the collateral if you default on payments. A securedloan is a good way to build credit. The debt is thus secured against thecollateral.

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