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.
One disadvantage of the privately owned media is that is can be biased and it is not obliged to provide impartial (unbiased) information.
For example if the owner of the media has some opinion, he or she can force his or her workers to favour this opinion and to avoid mentioning the opposite side.
Yes, it’s true! For example, the people you are surrounded by are a part of your environment; their values can reflect onto you, thus shaping your personality.
The correct answer is it is messy and looks hastily abandoned.
Mrs. Wright was accused of murdering her husband, and so the police came to her house to investigate. They enter the kitchen and find it very filthy, with dirty rags hanging all over the place, and dishes in the sink still unwashed. They immediately connect the place with Mrs. Wright being a bad housewife and woman in general and don't even try to investigate any further into why she did what she did until the townswomen help them.<span />
When you buy things with credit then you usually pay more for the item overall. When a person can get credit, they are financially responsible. Once you pay the item off on credit, it is yours. So the correct answer is C.
