which types of credit are most similar to each other?\no auto loan and mortgage loan\no auto loan and…

which types of credit are most similar to each other?\no auto loan and mortgage loan\no auto loan and personal loan\no credit card and mortgage loan\no mortgage loan and personal loan

which types of credit are most similar to each other?\no auto loan and mortgage loan\no auto loan and personal loan\no credit card and mortgage loan\no mortgage loan and personal loan

Answer

Brief Explanations:

Both auto loans and mortgage loans are secured loans. An auto - loan is for buying a vehicle with the vehicle as collateral, and a mortgage loan is for buying real - estate with the property as collateral. Personal loans are usually unsecured, and credit cards are a different form of revolving credit.

Answer:

auto loan and mortgage loan