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AveGali [126]
2 years ago
11

A company sells a car to a consumer and helps the consumer set up a loan with regular set payments. What type of credit is this?

Business
2 answers:
sashaice [31]2 years ago
5 0
This kind of credit is also known as consumer credit. It is actually the kind of credit that is given to a consumer on purchasing of any goods or getting any kind of service. Some kind of loans, credit card loans can be considered as a kind of consumer credit. This kind of credit is prevalent around the globe.
Studentka2010 [4]2 years ago
5 0

Answer:

Installment credit

Explanation:

The answer the guy up there gives you isn't even an option, and i took the test and got it right

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Answer:

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Explanation:

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Find attached spreadsheet for detailed calculations.

Download xlsx
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