18.4k views
2 votes
Sort the ideas related to these two types of loans into the correct categories.

has more risk for the lender
Secured Loan
Unsecured Loan
is not backed with collateral
has less risk for the lender
can include a down payment
is backed with collateral
does not include a down payment
Secured loan
Unsecured loan

2 Answers

3 votes

Answer:

Box 1

Can include a down payment

Is back with a collateral

Has less risk for the lender

Box 2

Is not backed with a collateral

Does not include a down payment

Has more risk for the lender

Explanation:on edge hope helps

User Anatolii
by
4.2k points
6 votes

Answer:

Box 1

Can include a down payment

Is back with a collateral

Has less risk for the lender

Box 2

Is not backed with a collateral

Does not include a down payment

Has more risk for the lender

Explanation:on edge hope helps

User Sean Bone
by
4.6k points