Which term describes the situation faced by people who cannot repay their loans? A. bankruptcy B. collateral C. credit D. interest

Toongeorges asked Dec 10, 2023

477,218 views

25 votes

Which term describes the situation faced by people who cannot repay their loans?

A. bankruptcy
B. collateral
C. credit
D. interest

Toongeorges asked Dec 10, 2023

2.6k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

21 votes

A.bankruptcy because they they can’t pay the money back so they will get bankrupt and have some stuff that they need to payback taken.

Rob Lauer answered Dec 17, 2023

2.8k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers