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If a borrower is required to provide collateral, then the loan is considered: A. unsecured B. secured C. prime D. subprime
Question
Updated 15 days ago|4/3/2015 8:52:10 AM
1 Answer/Comment
If a borrower is required to provide collateral, then the loan is considered: SECURED.
Added 15 days ago|4/3/2015 8:52:10 AM
This answer has been added to the Weegy Knowledgebase
The term demand loan refers to a loan A. that the lender can increase at any time. B. that the lender can apply for and then receive later. C. that has no maximum limit. D. for which the entire balance must be paid immediately at the lender's request.
Weegy: A. (More)
Question
Updated 48 days ago|3/1/2015 1:27:02 PM
1 Answer/Comment
The term demand loan refers to a loan: for which the entire balance must be paid immediately at the lender's request.
Added 48 days ago|3/1/2015 1:27:00 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [3/17/2015 12:22:54 AM]
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