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21 August, 03:04

Which loan type isn't secured with collateral?

a. None of the answers are correct

b. Auto loans

c. Mortgages (home loans)

d. Subsidized student loans

e. All of the answers are correct

f. Small business loans

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  1. 21 August, 03:28
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    A secured loan is one that is protected by an asset or property, also called collateral ... The most common kinds of secured loan are a mortgage (where the property is the collateral) and a car loan (where the vehicle is the collateral.) An unsecured loan, on the other hand, isn't connected to any kind of asset.
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