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Answered

  1. An example of an unsecured debt is a(n) _____. (1 point)

student loan

auto loan

mortgage

mobile home loan

  1. Unsecured debt interest rates are usually _____ when compared to secured debt. (1 point)

higher

lower

the same as

unpredictable

Verified Answer :

oopsydaisy
  1. An example of an unsecured debt is a student loan. A secured debt will have something held such as title to a car. A secured debt can have the collateral repossessed.

    2. Unsecured debt interest rates are usually higher when compared to secured debt.
saadhussain514

1. An example of an unsecured debt is a STUDENT LOAN.


2. Unsecured debt interest rates are usually higher when compared to secured debt.

Explanation:

Unsecured debt means somebody loaned you cash, however, they do not have a lien on something. Credit cards and student loans are smart samples of unsecured debt, as a result of there is nothing they'll directly repossess if the recipient does not pay.