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30 September, 09:25

Compare the sources of consumer credit

(There's Not Just One Answer)

1. consumers use a prearranged loan using special checks

2. consumers use cards with no interest and non - revolving balances

3. consumers pay off debt and credit is automatically renewed

4. consumers take out a loan with a repayment date and have a specific purpose

A. travel and entertainment credit

B. revolving check credit

C. closed-end credit

D. revolving credit

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Answers (1)
  1. 30 September, 10:29
    0
    C. closed - end credit.
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