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.
I believe the answer is D. Lumber is an important resource in Russia; slow growth and over harvesting hurt the industryRussias currently involved in 1/4 of the world's lumber-related product. Overharvesting tend to diminish the lumber resource faster than they could re-growth, which wil damage both the environment and Russia's economy.
The answer is definitely false. Hope this helps!!! Please 5 star and thank me!!!
Answer:
the stability phase
Explanation:
Although retirement does not have an end, people who properly prepare for retirement enjoy this stage of retirement. In this phase according to Robert Atchley, this is not the planning or thinking stage anymore, but a stage where the retirees are actually living it. Achieving success in retirement becomes a wonderful period because in this stage, retirees learn to deal with post-retirement life in a more comfortable and fulfilling fashion.
