Which is an example of an unsecured revolving loan?
student loan
credit card
auto loan***
home mortgage
5 answers
No. The auto loan is secured by the car. If a person fails to make payments, the company reposses the car,
Is it Student Loan? That seems to be the only one. Or is it a credit card?
Now look at the word revolving. What does that mean?
Ahhh, okay. So My answer is a credit card.
Yes, a credit card.
1 answer