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In: Finance

Which of the following is NOT a feature that makes a secured loan less costly than an unsecured loan?

Which of the following is NOT a feature that makes a secured loan less costly than an unsecured loan?

a) A high interest rate
b) Collateral
c) Less risk for the financial institution
d) All of these are correct

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Anonymous
2024-05-07T07:47:13-04:00Added an answer on May 7, 2024 at 7:47 am
A high interest rate
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