Question: What's the answer? Estimated time: 5 mins 1) What makes a loan be categorized as secured? a. It is secured after all payments are made

What's the answer?

Estimated time: 5 mins 1) What makes a loan be categorized as secured? a. It is secured after all payments are made b. It is secured because it is backed up with some form of collateral c. It is secured when the borrower receives the loan amount from the bank

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