asked 102k views
2 votes
What is collateral ?

A.money obtained from signing a loan
B.assets obtained after getting a loan
C.assets used to secure a loan
D.money used as a down payment for a loan

asked
User Alvae
by
7.9k points

2 Answers

6 votes
i think the answer is C
answered
User Natchy
by
8.5k points
1 vote

Answer:

C I believe

Explanation:

answered
User Unknow
by
8.8k points
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