Here’s how you can match each loan type to its collateral requirement:
- Unsecured Credit Card: No collateral required
- Auto Loan: Collateral required (the vehicle being financed)
- Student Loan: No collateral required
- Secured Credit Card: Collateral required (the deposit made)
- Mortgage Loan: Collateral required (the property being financed)
You can arrange them as follows:
| Loan Type | Collateral Requirement | |------------------------|-------------------------------| | Unsecured Credit Card | No collateral required | | Auto Loan | Collateral required | | Student Loan | No collateral required | | Secured Credit Card | Collateral required | | Mortgage Loan | Collateral required |