drag each label to the correct location on the image. compare revolving credit and closed - end credit. car…

drag each label to the correct location on the image. compare revolving credit and closed - end credit. car lease credit cards mortgage loan home - equity line of credit revolving credit closed - end credit
Answer
Brief Explanations:
Revolving credit allows borrowers to repeatedly borrow up to a set limit and pay it back over time. Closed - end credit is for a specific amount and has a set repayment schedule. Credit cards and home - equity line of credit are revolving as they can be used and repaid multiple times. Car lease and mortgage loan are closed - end as they are for a defined period and amount.
Answer:
Revolving credit: credit cards, home - equity line of credit Closed - end credit: car lease, mortgage loan