If the lender has the right to take certain specified assets of the borrower in the event of a default on the loan, the loan is a(n) ________ loan.
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Q49: When the borrower and the lender have
Q50: Use the following two columns of items
Q51: All of the following are true of
Q52: The method of determining the monthly interest
Q53: You obtain a loan of $3,000 based
Q55: Use the following two columns of items
Q56: If the interest rates are the same,
Q57: You obtain a loan of $3,000 based
Q58: Which of the following is not an
Q59: Common practices used by dishonest lenders include
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