A record collection is typically the item that cannot be used to secure a debt. While houses, cars, and credit cards can often be used as collateral or to secure a line of credit, a personal collection like records is generally not considered a stable or high-value form of collateral by lenders.
Which item cannot be used to secure a debt?
(1 point)
Responses
house
house
car
car
record collection
record collection
credit card
1 answer