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    Short-Term Loans

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    Discuss secured sources of short-term loans and what concerns may the lender have with this type of financing?

    Provide an example too please.

    Thanks

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    Secured sources of short-term loans can include anything from a future paycheck (payday loans) to the item that the money which was loaned was used to purchase. The reason that lender choose to give out secured short-term loans is to make sure that they are paid back the money that they are owed if one way or another. A concern that occurs in ...

    Solution Summary

    Secured sources of short-term loans and what concerns may the lender have with this type of financing are examined.

    $2.19

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