Answer:
(1). Secured loans
Collateral is generally required for secured loans. Secured loan are those for which the borrower, along with a promise to repay, puts up some asset (collateral) as surety for the loan. A secured loan instrument simply means that in the event of default, the lender can use the asset to repay the funds it has advanced the borrower. The risk of default on a secured loans tends to be relatively low since the borrower has so much more to lose by neglecting his financial obligation. Secured loans financing is typically easier for most consumers to obtain. As this type of loan carries less risk for the lender, interest rates are usually lower for a secured loan.
(2). Higher interests rates.
People who get loans but are considered a risk to fully repay them, often get higher interest rate. Because the risk to the lender is increased relative to that of secured debt, interest rates on unsecured debt tend to be correspondingly higher. However, the rate of interest on various debt instruments is largely dependent on the reliability of the issuing entity. An unsecured loan to an individual may carry astronomical interest rates because of the high risk of default.
(3). Higher total payment.
An unsecured loan to an individual may carry astronomical interest rates because of the high risk of default. Lenders issue funds in an unsecured loan based solely on the borrower's creditworthiness and promise to repay. Unsecured loan has no collateral backing, It involves no security, Hence, If the borrower defaults on this type of debt, the lender must initiate a lawsuit to collect what is owed.
Answer:
speech on religion over humanity
Explanation:
Effects of Religious Practice on Society. ... Regular attendance at religious services is linked to healthy, stable family life, strong marriages, and well-behaved children. Religious worship also leads to a reduction in the incidence of domestic abuse, crime, substance abuse, and addiction.
The correct answer is D. The name <em>Carl Rogers</em> should be changed in this sentence because the founder of the psychoanalysis was the Austrian neurologist Sigmund Freud. He believed that our personality was greatly influenced by events that happened in our childhood. The theory that explains the human behavior and the method for treatment of mental illness are called psychoanalysis.
Answer:
True
Explanation:
The definition goal is the object of a person's ambition or effort; an aim or desired result.
The definition for aim is having the intention of achieving.
These two words are synonyms to each other which means that they have similar meanings.
I hope this helps :)