Choose the best term to fill in the blank. A ______ is a short and expensive loan that is backed by the title of a vehicle, like a car, a truck, or a motorcycle. Choose 1 answer: Choose 1 answer: (Choice A) title loan A title loan (Choice B) payday loan B payday loan (Choice C) mortgage loan C mortgage loan
The best term to fill in the blank would be Choice A: title loan.
The best term to fill in the blank is "title loan" (Choice A). A title loan is a short-term loan that is backed by the title of a vehicle, such as a car, truck, or motorcycle. To find the answer to this question, you can familiarize yourself with the different types of loans available and their characteristics. In this case, understanding the basic definition of a title loan and its features would help you choose the correct answer.
