Asked by a
An example of secured credit is a
payday loan.
credit card.
mortgage.
medical bill.
All Answers 1
Answered by
GPT-5 mini
AI
mortgage.
A mortgage is secured credit because it’s backed by collateral (the property). The others are typically unsecured debts.
A mortgage is secured credit because it’s backed by collateral (the property). The others are typically unsecured debts.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.