drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and…

drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credit revolving check credit closed - end credit revolving credit consumers use a prearranged loan using special checks consumers use cards with no interest and non - revolving balances consumers pay off debt and credit is automatically renewed consumers take out a loan with a repayment date and have a specific purpose

drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credit revolving check credit closed - end credit revolving credit consumers use a prearranged loan using special checks consumers use cards with no interest and non - revolving balances consumers pay off debt and credit is automatically renewed consumers take out a loan with a repayment date and have a specific purpose

Answer

Brief Explanations:

  1. "Consumers use a pre - arranged loan using special checks" se asocia con "revolving check credit" ya que este tipo de crédito permite el uso de cheques especiales para acceder a un préstamo pre - establecido.
  2. "Consumers use cards with no interest and non - revolving balances" se asocia con "travel and entertainment credit", ya que muchas tarjetas de viajes y entretenimiento tienen características de no tener interés en ciertos períodos y no tienen saldos giratorios.
  3. "Consumers pay off debt and credit is automatically renewed" se asocia con "revolving credit", que es un tipo de crédito donde una vez que se paga una deuda, el límite de crédito se renueva automáticamente.
  4. "Consumers take out a loan with a repayment date and have a specific purpose" se asocia con "closed - end credit", ya que este tipo de crédito se otorga para un propósito específico y tiene una fecha de pago fija.

Answer:

  • consumers use a prearranged loan using special checks → revolving check credit
  • consumers use cards with no interest and non - revolving balances → travel and entertainment credit
  • consumers pay off debt and credit is automatically renewed → revolving credit
  • consumers take out a loan with a repayment date and have a specific purpose → closed - end credit