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What is considered a secure debt 2024?
secured debt debt secured debt
Questioner：Lucas Davis 2023-05-07 09:37:17
The most authoritative answer in 2024
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Sophia Taylor——Studied at University of Oxford, Lives in Oxford, UK
Since secured debt is a loan that is guaranteed by collateral, the lender can offer better rates than an unsecured debt. Collateral is an asset used to secure a loan; it is something that the lender can take if the borrower defaults. The most typical assets used as collateral are homes and cars.read more >>+119962023-05-12 09:37:17
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