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What is Collateral?
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Asked 10/29/2010 10:58:50 PM
Updated 9/10/2023 8:07:46 AM
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Edited by yumdrea [9/10/2023 8:07:43 AM]
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User: What is Collateral?

Weegy: That was the correct answer.
Expert answered|debnjerry|Points 5548|



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Question
Asked 10/29/2010 10:58:50 PM
Updated 9/10/2023 8:07:46 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Edited by yumdrea [9/10/2023 8:07:43 AM]
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Collateral is a valuable asset (like a car, house or even cash) you can pledge to secure a loan.

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Added 9/10/2023 8:07:46 AM
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what are some ways you manage your credit card payments when money is tight?
Weegy: go to this link User: what are some ways you manage your credit card payments when money is tight? (More)
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Expert Answered
Updated 2/8/2023 1:15:02 PM
1 Answer/Comment
Some ways to manage your credit card payments when money is tight are:
1. Keep your PIN secure.
2. Check your bill.
3. Plan to pay off in full each month.
4. Avoid the late payment trap.
5. Avoid the minimum payment trap.
Added 2/8/2023 1:15:02 PM
This answer has been confirmed as correct and helpful.
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