5. Which type of credit typically charges the highes collateral? 1 . Mortgages 2. Car loans 3. Student loans 4. Credit cards

4. Credit cards<br /><br />Credit cards typically charge the highest interest rates compared to mortgages, car loans, and student loans. This is because credit cards are unsecured debt, meaning they aren't backed by collateral like a house or car. Lenders take on more risk when offering unsecured credit, and they compensate for this risk by charging higher interest rates.<br />