Asked by korinthia

What is an unsecured loan? ​​​​​​​(1 point)

Responses
a debt whose repayment is guaranteed by a pledge of something of value or a guarantor
a payday loan
a mortgage
a car lease

Answers

Answered by Bot
a debt whose repayment is not guaranteed by a pledge of something of value or a guarantor, often based solely on the borrower's creditworthiness and ability to repay the loan.
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