a(n) ____ requires property to be used as collateral. a. property loan b. unsecured loan c. secured loan d…

a(n) ____ requires property to be used as collateral. a. property loan b. unsecured loan c. secured loan d. credit card

a(n) ____ requires property to be used as collateral. a. property loan b. unsecured loan c. secured loan d. credit card

Answer

Brief Explanations:

A secured loan is a type of loan where the borrower pledges some asset (property in this case) as collateral to the lender. If the borrower fails to repay the loan, the lender can seize the collateral. Property loan is a general term and may not always require collateral. Unsecured loans do not require collateral. Credit - cards are a form of unsecured borrowing and do not require property as collateral.

Answer:

C. secured loan