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djyliett [7]
4 years ago
12

What type of debt is most often secured

Mathematics
1 answer:
harkovskaia [24]4 years ago
7 0
Debt's often differ!

A secured debt basically means that the loan is guaranteed and the transaction is safer than unsecured debts. Interest rates are relatively cheaper on secured debts. 

Some examples for safe debts are:
- Mortgage Loans
- Auto Loan
- Title Loan
- Personal Loan

Hope this helps! :D
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