tifxxn tifxxn
  • 23-05-2018
  • Business
contestada

which of the following types of credit would best describe credit cards?

Respuesta :

hisroyal1
hisroyal1 hisroyal1
  • 23-05-2018
Revolving credit is open.
Most credit cards are unsecured.

The answer should be OPEN AND UNSECURED

A person using an unsecured credit card is not spending his own money right away whenever he uses the credit card. Instead, he is borrowing money from his/her bank; more like he/she takes out a loan whenever the card is used, which he is expected to pay back so as to maintain a trustworthy credit history.
Answer Link

Otras preguntas

An official government order that limits trade with another nation to punish or pressure that nation in some way is known as
What is the probability of rolling an even number followed by another even number on a number cube labeled 1-6? A) 1/4; dependent B) 1/5; dependent C) 1/4; in
Find sec Θ if the terminal side of Θ in standard position contains the point (4, -3) -3/4 -5/3 5/4 4/5
NEED HELP WITH THIS!
‼️‼️help please ASAP
PLEASE PLEASE PLEASE HELP
The first periodic table of elements was created in 1955. True or false
In this excerpt from Ernest Shackleton’s memoir South!, which word could best replace the word irradiated? We gazed ahead with increasing eagerness, and at 12.3
Which dinosaur most closely resembles a rhinoceros?
Which of the following pairs of countries have come the closest to having purely command economic systems? the United States and Great Britain Germany and Jap