Question

Math questions I have an ** next my answer! please help and don't be rude.

1. Which item cannot be used to secure a debt? (1 point)
house
car
record collection
credit card**
2. Which type of debt is secure? (1 point)
mortgage**
credit card
personal line of credit
revolving credit line
3. Secured debt usually has _____. (1 point)
longer loan terms
lower interest rates
collateral
all of the above**
4. A _____ is not an example of collateral. (1 point)
checking account**
house
car
high-value record collection
5. When you agree to pay a car dealer for the use of a new car du

Answer 1

Are you asking whether the answers you have starred are correct? I believe so.

Answer 2

yes