Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
True. The required answer for the given statement is True about sell and lend on credit.
What are the different types of credit?
Installment credit, lines of credit, and unsecured credit are the three primary categories of credit. These are all financed through various borrowing and repayment structures. Installment credit is a sort of loan where you take out a single lump sum and pay it back over the course of a specific period of time with interest in regular set payments, or instalments.
With open credit, monthly payments are flexible and the entire debt is payable at the end of the each billing cycle. The amount owing on your power bill is determined on how much energy you used that month, making it a fantastic illustration of open credit.
To know more about Credit, visit:
https://brainly.com/question/4068271
#SPJ1
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.
