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butalik [34]
1 year ago
11

What is true about open-end credit? OA It is not typically used for a single purchase but for many purchases over a period of ti

me. B. This type of credit is sometimes referred to as a consumer loan. OC. This type of credit is commonly used for big ticket things like mortgages or car loans. Payments typically stay the same amount from month to month.​
Mathematics
1 answer:
Nitella [24]1 year ago
7 0

Answer:

Option B

Step-by-step explanation:

Open end credit 's biggest example is our credit card

  • You use credit card and take the money borrow from bank as per your requirement.
  • If you pay in time your credit score increases else decreases.

Option B is correct

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Step-by-step explanation:

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