Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between secured loan and unsecured
loan. please explain
- 3 Answers
- 7704 Views
- HCL, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
Secured loan against security of property
Unsecured loan is a loan against faith of the loanee
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / sreeja madhana kumar
Secured lending is loan against property. for eg home loan,
vehicle loan. unsecured lending is loan without any
property. for eg credit card, personal loans.
In Secured lending, even if the debtor didnt pay back the
money, lend money can be recovered from property.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / roshni
Secured loan is loan against of property
and unsecured loan is loan taken from friends and reletives.
| Is This Answer Correct ? | 1 Yes | 1 No |
what are the customization u have done in sap mm
What Do You Mean By A Business Event?
Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?
what is mean by credit note and debit note?
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
how many accouting standrs?
Difference between a pay-order and draft?
what is Balanceshet?
Expand U L I P
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
what is outstanding expences give example
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
Audit 
