What is collateral? 1)money obtained from signing a loan 2) assets obtained after getting a loan 3) assets used to secure a loan 4) money used as a down payment for a loan

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asked Aug 18, 2018 196k views

1 vote

What is collateral?

1)money obtained from signing a loan
2) assets obtained after getting a loan
3) assets used to secure a loan
4) money used as a down payment for a loan

Mathematics
college

Yang You asked

by Yang You

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1 Answer

4 votes

Te answer is number 3

Yumi answered Aug 23, 2018

by Yumi

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