In the video lecture $/$ related course outline, professor Sanford stressed that you should never loan money or extend credit to anyone without some form of $$security$($some type of property that the creditor can use to pay toward the debt in the event of non$-$payment of the debt by the debtor$).$ Overall, this statement isIn the video lecture $/$ related course outline, professor Sanford stressed that you should never loan money or extend credit to anyone without some form of $$security$($some type of property that the creditor can use to pay toward the debt in the event of non$-$payment of the debt by the debtor$).$ Overall, this statement isIn the video lecture $/$ related course outline, professor Sanford stressed that you should never loan money or extend credit to anyone without some form of $$security$($some type of property that the creditor can use to pay toward the debt in the event of non$-$payment of the debt by the debtor$).$ Overall, this statement is