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Defaulting on a secured loan is most likely to result in:
O A. losing the property used as collateral.
O B. lower interest rates on future loans.
O c. better offers from credit card companies.
O D. a faster loan-application process.

Defaulting on a secured loan is most likely to result in O A losing the property used as collateral O B lower interest rates on future loans O c better offers f class=

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It should be noted that defaulting on a secured loan will lead to A. Losing the property used as collateral.

A secured loan simply means a loan that is backed by collateral such as a car or home. In such a case, it's used as payment once the lender doesn't pay back the loan.

Therefore, defaulting on a secured loan is most likely to result in losing the property used as collateral. When one doesn't pay back at the due date, the collateral will be forgone.

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Answer:

a

Explanation:

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