Business, 10.12.2020 19:50 memeE15

Why do lenders require collateral for a secured loan? (10 points) A) It reduces risk to the lender
B)It eliminates interest charges
C) It reduces the cost of the financed good
D) It protects consumers from loss

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Why do lenders require collateral for a secured loan? (10 points) A) It reduces risk to the lender<...