a good example of an open-end credit is

A good example of an open-end credit is. An open-end credit solves this difficulty by making credit available for usage as and when needed rather than expecting the borrower to complete repayments by a fixed date.

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Borrowers benefit from open-end loan arrangements because they have more flexibility.

. The use of a bank credit card to make a purchase. The use of a bank credit card to make a purchase. A good example of an open end credit is Select one a automobile loan from a.

A good example of open end credit is a the use of a bank credit card to make a. School Fortis Institute Forty Fort. A installment loan from a furniture store.

A the use of a bank credit card to make a purchase. An automobile loan from a credit union. Borrowers with an open-end credit account can make repeated.

A good example of an open end credit is select one a. Study with Quizlet and memorize flashcards terms like A good example of an open-end credit is. A good example of an open-end credit is.

Expert solutions for 11. Open-end credit is a preapproved loan between a financial institution and borrower that may be used repeatedly up to a certain limit and can subsequently be paid back. A good example of open-end credit is.

Credit cards personal lines of credit and home equity lines of credit are examples of open-end credit. A good example of an open-end credit is A the use of a bank credit card to make a purchase. A good example of an open-end credit card is.

Course Title FIN 202. A mortgage loan from a savings and loan institution. Home equity lines of credit HELOC and credit cards on the other hand are examples of open-end credit.

A good example of an open-end credit isA. One of the reasons why an open-end credit is preferred is that it makes money available to borrowers if and when it is needed. B the mortgage loan from a savings and loan institution.

School Southeastern Louisiana University. School University of Guelph. A good example of an open end credit is A the use of a bank credit card to make.

The use of a bank credit card to make a purchase. The use of a bank credit card to make a purchase. An installment loan for purchasing a major appliance.

A good example of open end credit is a the use of a. A All of the choices are correct. A good example of an open end credit is a the use of.

A loan from a family. C automobile loan from a credit union. A good example of an openend credit is A.

The mortgage loan from a savings and loan institution. TRUE-closed end credit is a one time loan that you will pay back over a specific period of time in equal amounts. The mortgage loan from a savings and loan institutionC.

A mortgage is an example of closed-end credit TF. B the mortgage loan from a savings and loan. C automobile loan from a credit union.

A good example of an open-end credit is A. Credit cards and a home equity line of credit or HELOC are examples of open-end loans. Automobile loan from a credit.

B the mortgage loan from a savings and loan institution. Real estate and auto loans are generally closed-end credit. Advantages of Open Credit.

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