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30 POINTS - Which type of loan uses collateral in order to guarantee the loan? Secured or Unsecured?

30 POINTS - Which type of loan uses collateral in order to guarantee the loan? Secured or Unsecured?
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5 votes
30 POINTS - Which type of loan uses collateral in order to guarantee the loan?

Secured or Unsecured?

User Nmenego
by
8.1k points

1 Answer

4 votes

Answer:

Secured

Step-by-step explanation:

It gives them "security"

User Stephen Moretti
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