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Sati [7]
3 years ago
7

A house is used as____for a loan

Social Studies
2 answers:
Anastaziya [24]3 years ago
8 0
<h2>Answer: A. Collateral  </h2>

nalin [4]3 years ago
5 0

Answer:

A.) Collateral.

If you get a loan from a bank or get bailed out of jail you will eventually have to pay the loan/bail back to the bank/bail bondsman so you can stay out of jail. Or you can take another route, You can put up your property as Collateral, So if you dont pay your Loan/Bond they can take your property and sell it to a Auction/LandOwners so they get the cash they used to bail you out back.

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