Business, 22.10.2019 05:20, Briannadavis03

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.

Answers: 3

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Why does an unsecured loan have a higher interest rate than a secured loan?

a.
t...