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OpenStudy (anonymous):
Lawrence got a car loan from a bank, with the car as collateral. What kind of loan did he get?
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OpenStudy (anonymous):
A collateral loan is a loan obtained from a bank, where in exchange, the creditor may sell the collateral if the loan is unpaid.
OpenStudy (anonymous):
Thannks User ,
OpenStudy (anonymous):
Anytime
hartnn (hartnn):
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