boss713
boss713
19.05.2021 • 
Business

1. What is the purpose of using credit? 2. List several sources of consumer credit.

3. What types of information are asked for on a typical credit
Application?

4. How are store credit accounts different from bank credit card
Accounts?

5. How are credit cards different from charge cards?

6. How is a single payment similar to an installment loan? How is it
Different?

7. Give two examples of collateral that might be used to secure a loan.

8. What is the responsibility of a cosigner of a loan?

9. How is a line of credit different from other types of loans?

10. List several benefits of using credit.

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