Social Sciences, asked by lucifer768097, 2 months ago

what are the types of credits? Explain with examples

Answers

Answered by LiarHeart

Answer:

The 3 types of credit are: revôlving, instàllment, and open accóunts. These types of crédit vary based on term length (fixed or indefinite), paymént (fixed or variable), and monthly amóunt due (full balànce or minimum).

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