QUESTION IMAGE
Question
question 25
what is an example of a secured loan
google translate
○ car title loan
○ personal loan
○ credit card
Brief Explanations
A secured loan requires collateral. A Car Title Loan uses the car's title as collateral. Personal Loans and Credit Cards are typically unsecured (no collateral required for most personal loans or credit cards). So the example of a secured loan is Car Title Loan.
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A. Car Title Loan