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If you get a personal loan, and the bank asks for something to guarantee the loan, the bank is asking for what? insurance collateral up front money down payment

If you get a personal loan, and the bank asks for something to guarantee the loan, the bank is asking for what? insurance collateral up front money down payment
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4 votes
If you get a personal loan, and the bank asks for something to guarantee the loan, the bank is asking for what?

insurance
collateral
up front money
down payment

User Asolovyov
by
8.1k points

2 Answers

2 votes
The answer will be =Down payment
User Galil
by
8.2k points
2 votes

The right answer is collateral, I know because I took the test a couple days ago.

User Owen Mathews
by
8.4k points
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