A federal student loan is best described as an unsecured installment loan. This means that it is not backed by collateral and is repaid in fixed installments over time.
What kind of loan is a federal student loan? (1 point) Responses an unsecured installment loan an unsecured installment loan a revolving line of credit a revolving line of credit an unsecured collateral loan an unsecured collateral loan a secured personal loan
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