Question: What is the difference between a secured loan and an unsecured loan? A- Secured loans require some form of collateral B- Secured loans typically have

What is the difference between a secured loan and an unsecured loan?

A- Secured loans require some form of collateral

B- Secured loans typically have a higher interest rate

C- Unsecured loans require some form of collateral

D- Unsecured loans typically have a lower interest rate

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