Multiple Choice
A direct loan for personal purposes, home improvements, or vacation expenses is called
A) A credit card.
B) An installment cash credit.
C) A bank line of credit.
D) Open-end credit.
E) Single lump-sum credit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: Credit files can include all of the
Q58: Timothy Carter went out to eat with
Q59: According to the Fair Credit Billing Act,
Q60: Which of the following is often the
Q61: If Vince charged $200 on his credit
Q63: Which of the following is the best
Q64: Before buying goods and services on credit,
Q65: Molly purchased a $1,500 dishwasher from Best
Q66: The minimum monthly payment on a credit
Q67: The add-on interest calculation uses this formula: