Business, 22.10.2019 05:20 Briannadavis03

Why does an unsecured loan have a higher interest rate than a secured loan?

a.
the bank bears all the risk of the loan.

b.
the bank charges more for poor credit scores.

c.
the bank bases higher interest rates on market conditions.

d.
the bank raises rates unfairly for unsecured loans.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:00, grangian06

Personal financial planning is the process of creating and achieving financial goals? true or false

Answers: 1

continue

Business, 22.06.2019 08:10, rleiphart1

Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?

Answers: 3

continue

Business, 22.06.2019 11:00, neash19

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Answers: 3

continue

Business, 22.06.2019 13:40, deezzzy

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases. b. the marginal cost of going to ft. lauderdale decreases. c. the marginal benefit of going to cancun increases. d. the marginal benefit of going to ft. lauderdale decreases.

Answers: 2

continue

You know the right answer?

Why does an unsecured loan have a higher interest rate than a secured loan?

a.
t...