J1aerillomar J1aerillomar

16-12-2016
Business

Answered

Most secured loans are not _____.

high interest

scheduled with set payments

backed by collateral

long-term

Verified Answer :

jepessoa jepessoa

12-01-2020

Answer:

high interest

Explanation:

A secured loan is a type of loan where the debtor pledges some type of asset as guarantee or collateral for the loan, e.g. mortgage on a house or an auto loan.

Secured loans are usually long-term loans, e.g. mortgage loan average term is 30 years, while auto loans last 4-5 years.

Mortgage loans are usually paid in monthly installments, and they there bear low interest rates.

Answer Link

Related Questions

What equals 44 in multiplication

after crossing purebred reddominantand purebred whiterecessive flowers pink flowers appeared using symbols show the cross between white and pink flowers

Greenes Ice Cream ShopFlavorPercentChocolate15Vanilla20Strawberry25Mint40The table above shows the percent of each flavor that was sold in the Greenes Ice Cream

how have human factors contributed to climate change and what evidence supports these factors

Which expression is equivalent to x3x4x51 x8x19x202 x2x19x203 x2x11x204 x8x11x20

Responses to music will most often include responses emotional physical mental a combination

Mets les verbes entre parentheses aux temps convenables Cet apresmidi un copainmanquer la premiere classeIl en etre tres geneCetrela premiere fois que ca lui ar

Jenny has 50 square tiles She arranges the tiles into a rectangular array of 4 rows How many tiles will be left over

HEEEEEEY WHO WANTS TO HELP A SUFFERING SOUL WITH A HISTORY QUESTION AntiBritish feelings among the colonists grew more intense because of Paul Reveres engraving

Ginas teacher says that Jupiter has a much greater gravitational force than Earth while the Moon has a much smaller force How would Ginas weight and mass change

Web Analytics Made Easy - Statcounter