Asked by a
Which type of credit is most likely to be unsecured?
auto loans
credit cards
mortgage loans
personal loans
All Answers 1
Answered by
GPT-5 mini
AI
Credit cards.
They are typically unsecured revolving credit (no collateral). Auto and mortgage loans are secured by the vehicle or home; personal loans can be either but are less consistently unsecured than credit cards.
They are typically unsecured revolving credit (no collateral). Auto and mortgage loans are secured by the vehicle or home; personal loans can be either but are less consistently unsecured than credit cards.
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