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.
It showed that direct rewards and punishments are not necessary for learning. its called modeling.
The loyalist wanted to keep Britain in charge, but the patriot wanted America's freedom. So, they were both LOYAL to their countries. <span />
A child who has newly arrived from Latin America attends a nursery school where everyone speaks English. A child is no longer outgoing and becomes passive in class. The probable reason for the child's behavior is culture shock.
<h3>What do you mean by behavior?</h3>
Behavior refers to the way one acts or conducts toward others.
A culture shock refers to the feeling of disorientation that is experienced by someone when they are subject to an unfamiliar culture or environment.
He is no longer outgoing and becomes passive because he moves to unfamiliar surroundings.
Therefore, the probable reason for a child's behavior is a sudden shock.
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