menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 3
  4. Exam
    Exam 5: Introduction to Consumer Credit
  5. Question
    In a Closed-End Credit, Loans Are Made on a Continuous
Solved

In a Closed-End Credit, Loans Are Made on a Continuous

Question 90

Question 90

True/False

In a closed-end credit, loans are made on a continuous basis and you make at least partial payment.

Correct Answer:

verifed

Verified

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

Related Questions

Q11: Your friends and neighbors can get credit

Q76: You should sign your new credit cards

Q87: It is legal for creditors to ask

Q88: What would your credit rating be if

Q89: Incidental credit is a credit arrangement that

Q91: If your debt-to-equity ratio is about 1,

Q92: Debt-to-equity ratio is<br>A)a useless ratio for determining

Q93: The advantages of credit include<br>A)can purchase goods

Q94: The best way to maintain your credit

Q115: A home equity loan is usually set

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