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Are credit cards considered secured loans or unsecured loans
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Are credit cards considered secured loans or unsecured loans

User Goran Nastov
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Answer:

Unsecured loan

Step-by-step explanation:

An unsecured loan is a loan that is issued and supported only by the borrower’s creditworthiness, rather than by any type of collateral. Unsecured loans—sometimes referred to as signature loans or personal loans—are approved without the use of property or other assets as collateral.

User Hygull
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