secured credit

Which Describes The Difference Secured And Unsecured Credit?

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Which Describes The Difference Secured And Unsecured Credit? Secured credit is backed by an asset equal to the value of a loan, while unsecured credit is not guaranteed by a material object. Unsecured credit is backed by an asset equal to the value of a loan, while secured credit is not guaranteed by a material

Which Is Most Likely To Happen To Consumers With Good Credit Check All Apply?

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Which Is Most Likely To Happen To Consumers With Good Credit Check All Apply? Which is most likely to happen to consumers with good credit? … They can use credit in emergencies. Why do companies report people to credit agencies? Companies report people to credit agencies if they: fail to pay their bills on time.