QUESTION IMAGE
Question
question 10 points 2
____ allows repeated transactions up to a maximum credit limit.
flexible credit
installment loans
revolving credit
fixed rate loans
Brief Explanations
Revolving credit allows borrowers to repeatedly access funds up to a set credit - limit. Flexible credit is a more general term, installment loans are for a set amount repaid in installments, and fixed - rate loans have a constant interest rate.
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C. Revolving credit