Why does an unsecured loan have a higher interest rate than a secured loan?
a.
the bank bears all the risk of the loan.
b.
the bank charges more for poor credit scores.
c.
the bank bases higher interest rates on market conditions.
d.
the bank raises rates unfairly for unsecured loans.

The correct answer is option A.  The bank bears all the risk of the loan.

Explanation:

An unsecured loan is a loan granted to a person where the bank will bear all the risks that may be suffered.

Since the bank will take care of all the risks, it will charge you a higher interest rate. This is because the bank has no guarantee if something goes wrong.

That is why for the delivery of these loans, the credit rating of the person who requests it is usually reviewed.

Given this information we can say that the correct answer is the option A.

yeah its a ok ! just ask the qestoin and someone well answer !

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.