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What is a secured loan?
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What is a secured loan?

User Wesley Janse
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A secured loan, is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.


User Leonardo Deleon
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3 votes

for plato the answer is b. a loan that requires collateral

posting this for future users!

User Viktor Sec
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