Each of the following is an example of a secured loan EXCEPT: A. home loan B. student loan C. automobile loan D. small business loan Please select the best answer from the choices provided A B C D

Respuesta :

Answer:

D

Explanation:

Student loan is a federal loan that is provided by the government.

What is a secured bank loan?

Secured loan is a loan in which borrower kept some collateral security with the lender in sort of security amount . Secured small business loans are those loans which are taken in the against of specific collateral and assets.

Auto loans are those loans in which the vehicle itself is the collateral security. Home loans are taken for the purchasing of the property by offering some collateral.

All the secured loans requires for a few safety in towards of the mortgage amount.

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