The difference between a secured loan and unsecured loan is that the secured loan is

Explanation:

A secured loan is a type of loan on which the borrower uses  some assets for collateral . That means it is secured on the assets in the case of any default in terms by the borrower.

An unsecured loan on the other hand is a type of loan that is not secured on any assets . The risks related to this type of loan is higher as there is no security to cover or minimize the loss in the situation of a default in terms.

Looking at the definition given above , the difference between a secured and unsecured loan is that assets are promised by the borrower as security over a secured loan , hence the cost can be lower while in the unsecured loan , no asset is promised as security and the cost can be higher

answer; i believe that the correct answer is ( owners investment)

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