Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be ? Its a Revolver Loan,

Question

CaHeK987 [17]

4 years ago

9

Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be ? Its a Revolver Loan,

I just want everyone to know.

Mathematics

2 answers:

Debora [2.8K] · Answer 1 · 2022-01-06T08:02:00+03:00

Debora [2.8K]4 years ago

5 0

It would be a revolving loan

zubka84 [21] · Answer 2 · 2022-01-06T09:33:14+03:00

Answer:

The answer is - REVOLVING CREDIT

Step-by-step explanation:

Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be?

The answer is - REVOLVING CREDIT

A revolving credit refers to a bank that offers an always available loan to an individual or any corporation for an undetermined amount of time.

The debt is repaid periodically and when the debt is repaid, a credit is automatically renewed and can be borrowed again. Examples are - retail store card or gas card.