Title: Compare the costs and conditions of secured and unsecured loans.
Course: Personal Finance (19262-II) > Section: Demonstrating Knowledge of Credit and Loan Functions

Comparison should include analysis of various types of loans (e.g., student, automobile, home equity, credit cards) with regard to conditions and costs, such as

- annual percentage rates
- finance charges
- monthly payments
- annual fees
- transaction fees
- installments or length of loan (time to repay)
- credit agreement and micro-payment agreement.