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Credit that can be used again and again (as long as the balance owed does not exceed the limit) is called ____.
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
Property you possess that is worth more than your debts is called ____.
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
What legislation requires creditors to resolve billing errors within a specified period of time?
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
The amount borrowed is known as the ____.
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
A loan for which the borrower pledges property to ensure repayment is a(n) ____.
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
Paying your bills on the day due or a few days late will earn you what type of credit rating?
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
It is lawful for creditors to ask you for ____.
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
The date on which a certificate of deposit is due is called the ____.
Capital
Maturity date
Secured loan
Principal
Open-ended
All of these
Fair Credit Billing Act
Good
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