Multiple Choice
Jennifer Garner purchases a sofa,love seat and reclining chair for her family room and will make payments of $65 per month for the next twenty-four months.What type of credit did Jennifer use?
A) installment sales credit
B) installment cash credit
C) single lump sum credit
D) revolving credit
E) incidental credit
Correct Answer:

Verified
Correct Answer:
Verified
Q75: The debt payments-to-income ratio is:<br>A) calculated by
Q87: Consumer credit is based on trust in
Q90: Which federal credit law sets the procedure
Q111: Which federal law regulates the use of
Q137: Which one of the following is not
Q140: In evaluating your credit application,a lender may:<br>A)ask
Q143: Gordon Carey uses his Visa card to
Q173: The credit bureau cannot charge you a
Q188: If someone has stolen your identity,the Federal
Q189: Single lump-sum credit is a loan that