Not exact matches
Since practical currencies are deliberate to be property, they are taxed at the reduce
collateral gains taxation
rate — so there can be taxation advantages to this approach.
Tougher terms typically exist, such as lower limits and a higher interest
rate, with the lack of
collateral meaning that a credit
rating is a central factor in
gaining approval for unsecured financing.
These are secured loans because the consumer puts the property up as
collateral to
gain access to the financing or to get better
rates and terms.