multiple - choice question\nprivate loans are\nusing credit cards to pay your tuition\na loan that has…

multiple - choice question\nprivate loans are\nusing credit cards to pay your tuition\na loan that has collateral\na loan from a relative\nany loans given by a lender other than the government
Answer
Brief Explanations:
Private loans are loans provided by non - governmental lenders. They can include loans from banks, financial institutions, or private individuals. The key is that they are not government - issued loans. The other options do not fully or accurately define private loans. Using credit cards for tuition is a different form of borrowing, a loan with collateral is a type of secured loan but not the definition of private loan, and a loan from a relative is just a subset of private loans.
Answer:
D. Any loans given by a lender other than the government