Business, 19.04.2020 01:18, mhayslett

Which of the following is a true statement regarding closed-ended credit?

A. It states exactly what the loan is to be used for
B. It is also known as revolving credit
C. It allows for funds paid off to be re-borrowed
D. It allows the borrower to choose payment amounts

Answers: 2

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Which of the following is a true statement regarding closed-ended credit?

A. It states e...