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    Exam 7: Using Consumer Loans
  5. Question
    The Collateral for an Installment Loan Is Seized and Liquidated
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The Collateral for an Installment Loan Is Seized and Liquidated

Question 53

Question 53

True/False

The collateral for an installment loan is seized and liquidated by the lender if the borrower has paid the loan in full.

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