menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 15
  4. Exam
    Exam 6: Introduction to Consumer Credit
  5. Question
    Consumer Credit Refers to the Use of Credit for Personal
Solved

Consumer Credit Refers to the Use of Credit for Personal

Question 19

Question 19

True/False

Consumer credit refers to the use of credit for personal needs (except a home mortgage)by individuals and families.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: Which federal consumer credit law requires issuers

Q15: If you cosign a loan and the

Q16: Which one of the following would not

Q17: All economists do not recognize consumer credit

Q18: When did installment credit explode on the

Q20: Which federal consumer credit law requires creditors

Q21: What should you do if your identity

Q22: Which federal consumer credit law prohibits credit

Q23: Stored-value cards:<br>A)look nothing like typical debit cards.<br>B)have

Q24: If you want to improve your credit

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines