ashley2474 ashley2474

30-06-2024
Business

Answered

For which of these items might you be able to get a secured loan? Select all that apply.

A. Home
B. Credit card
C. Boat

Answer :

GinnyAnswer GinnyAnswer

30-06-2024

Final answer:

Secured loans involve collateral such as a home, boat, or car, while unsecured loans like credit cards lack collateral.

Explanation:

Secured loans are loans that have collateral to minimize the lender's risk. Examples include home (A), boat (C), and car loans. Unsecured loans, like credit cards (B), lack collateral.

Learn more about secured vs. unsecured loans here:

https://brainly.com/question/30665169

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