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What is an unsecured loan? A. a loan where the borrower offers collateral for a loan. B. a loan where no collateral is needed. C. a low interest loan. D. a loan that can be approved quickly.
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3 votes
What is an unsecured loan?

A. a loan where the borrower offers collateral for a loan.

B. a loan where no collateral is needed.

C. a low interest loan.

D. a loan that can be approved quickly.

User Webdeb
by
8.2k points

2 Answers

5 votes

Answer:

B. a loan where no collateral is needed.

Step-by-step explanation:

Person above is correct.

User Rastislav Komara
by
8.9k points
3 votes
A loan which requires no collatoral and high credit ratings. B is the answer.
User Anitha Mani
by
8.4k points
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