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words that define consumer loan?paki answer po please?​

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Answer:

A consumer loan is a loan provided to individuals to help them fund particular purchases. To put it another way, a consumer loan is any form of loan provided by a borrower to a consumer. A secured or unsecured loan may be issued.

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Answer:

A consumer loan is a loan given to consumers to finance specific types of expenditures. In other words, a consumer loan is any type of loan made to a consumer by a creditor. ... The loan can be secured (backed by the assets of the borrower) or unsecured (not backed by the assets of the borrower).

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