Fill in the Blank QuestionFill in the blank question.A loan backed by collateral, something valuable like property, is called a loan.
Question
Solution 1
A loan backed by collateral, something valuable like property, is called a secured loan.
Secured loans are designed to minimize the lender's risk by requiring the borrower to pledge an asset as collateral. This can include real estate, vehicles, or other valuable items. If the borrower default Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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