Ask Question
Social StudiesSocial Studies
3 January, 06:26

Which best describes secured credit

+1
Answers (1)
  1. 3 January, 06:30
    0
    It is backed by a valuable asset

    Explanation:

    Secured credit refers to loan or credit that is backed by a secured payment used as collateral on the account. It involves an agreement for a lender to take a particular asset of value from the borrower if they are unable to pay back the credit.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which best describes secured credit ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
List of countries by human development index
Answers (1)
What type of acts can change the juvenile justice process? justifiable delinquency serious delinquent offenses unacceptable offenses unruly behavior
Answers (1)
What is the whole in the middle of the stage on a microscope called?
Answers (1)
What characteristics do Judaism Christianity and Islam have in common
Answers (2)
Spokesperson: In the 2006 election of the city mayor, 55% of the voters were female. All the voters were between ages 18 and 70 and 2/3 of them supported the incumbent mayor.
Answers (1)
New Questions in Social Studies
What played a more important role in distinguishing rulers from their colonial subjects in the imperialism of the nineteenth century than in earlier instances of imperialism?
Answers (1)
Which of the following questions can be answered scientifically
Answers (1)
A campaign to encourage the use of bicycle safety gear uses fun music, attractive graphics, and the message that biking is more fun when you do it safely. This is an example of:
Answers (1)
Mason has determined a focus and refined a thesis statement for his research project. What is the most useful next step in the writing process for Mason? A. conduct further research to consider a different thesis statement and focus. B.
Answers (2)
Based on this map, when Winter Monsoons strike India they come over the
Answers (1)
Home » Social Studies » Which best describes secured credit
Sign Up Forgot Password?