A loan in which the borrower pledges a car that may be sold if the loan is not repaid is . A. secured B. high interest C. unsecured D. interest free Please select the best answer from the choices provided A B C D

A. Secured.

Explanation:

A secured loan is a loan or credit taken by someone along with providing something as collateral in case the borrowed money cannot be repaid. In other words, the things put as collateral in a situation where the borrower cannot pay back the loan is known as a secured loan.

In a secured loan, security is given in the form of any other thing, be it land, property, or other things that may be of the same value as the loan amount. This secures the loan taken so that the creditor does not suffer any loss or be cheated. This ensures the repayment of the loan or reimbursement of that loan.

Thus, the correct answer is option A.