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:
Relevant; comparison
Explanation:
The comparison question test (CQT) posits that guilty individuals react more strongly to Relevant questions, whereas innocent individuals react more strongly to comparison questions.
The comparison question test (CQT) is one of the several questioning technique used in polygraph test, it designed to make comparative responses to relevant question with those of control questions i.e control for the effect of generally threatening nature of relevant question.
Making use of CQT assumes that physiological measures while lying will be greater than physiological measure while telling the truth. An innocent individual who is telling the truth react to comparison questions more than relevant question because these questions are design to arouse the subject concern about their past truthiness
Answer:
Ringo Starr
Explanation:
Ringo Starr is one of the Beatles rock group member spent much of his time in the hospital. His real name is Richard Starkey. At age six, he got an appendectomy and peritonitis, that required him to live at a children's hospital while recovering. At the age of thirteen, he suffered from pleurisy, which led him to spent in hospitals and sanatoriums. Today, he is known as the greatest drummer in rock history.
Answer:
Socio-economic development is the process of social and economic development in a society. ... Causes of socio-economic impacts are, for example, new technologies, changes in laws, changes in the physical environment and ecological changes.
Answer:
Political instability. More recently, democracy is criticized for not offering enough political stability. As governments are frequently elected on and off there tend to be frequent changes in the policies of democratic countries both domestically and internationally.
