what is the difference between secured loan and unsecured
loan. please explain
Answer Posted / 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 |
Post New Answer View All Answers
let me know the minimum Accounting Heads in an accounting system
what is cc limit and what role accountant play to maintain it?
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
what are the different causes for discrepencybetween the balance of cash book and pass book
service tax form no ? What is CC Limit ? What is branch accounts?
After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
what is Ratio Analysis ?
What is revaluation of assets.when it occurs
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
how there face in lvbank interview
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
What three Specific Job Positions do you target from the Industry
what are the types of provisions that you would make for the end of a financial year?explain