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Howard's bank gave him a personal loan because they found him creditworthy. Which type of loan did Howard get?

User Manishg
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2 Answers

6 votes

Answer:

Secured Loan

Step-by-step explanation:

User Karly
by
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4 votes
The correct answer to this question is this one: "Secured Loan." Howard's bank gave him a personal loan because they found him creditworthy. The type of loan that Howard should get is secured loan.

Personal line =/= Unsecured loan
Almost all transactions can bee seen as personal.
User Kevin Kibler
by
7.5k points
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