kghmgfxn9404 kghmgfxn9404
  • 14-01-2020
  • Business
contestada

A loan in which the borrower pledges a car that may be sold if the loan is not repaid is __________.

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princessesther2011
princessesther2011 princessesther2011
  • 14-01-2020

Answer:

Secured personal loan

Explanation:

A secured personal loan is a form of personal loan in which a borrower pledges an assest to the lender to acquire a loan. The assest could be sold in the event the borrower fails to repay the loan within the stipulated time

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magolor19
magolor19 magolor19
  • 23-04-2021

Answer:

a secured loan

Explanation:

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