Question

Secured debt usually has _____.

longer loan terms


collateral


lower interest rates


all of the above

Answer 1

all of the above

Explanation:

Answer 2

I personally don’t get this subject, but I do remember seeing a quote that actually says the answer, that quote is:

“Secured debt generally has a lower interest rate, because the lender has a source of collateral if you don't make your payments,” says Brown.

Hope this helps, and it’s actually pretty convenient that I saw this today....