122k views
0 votes
What is a secured loan

User Refaat
by
8.7k points

2 Answers

5 votes
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
User Wong Jia Hau
by
7.9k points
5 votes

B.a loan that requires collateral

User Biqarboy
by
8.5k points

No related questions found