What is the difference between secured and unsecured credit?
A) Secured credit is backed by something physical (like a house or car)
that can be seized if payments aren't made.
B) Unsecured credit is backed by something physical (like a house or
car) that can be seized if payments aren't made
C) Secured credit does not require the borrower to pay any interest
D) Unsecured credit does not need to be repaid.