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A bank loaned Doug $4,500 for 24 months. Which type of credit did he accept?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
While shopping among several stores, Tina charged over $700 worth of home improvement supplies. Which type of credit did Tina use?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
Jenny charged $300 worth of gifts while shopping at several stores. Which type of credit did Jenny use?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
Walden Book Store obtained information about Ann's reputation for paying her bills.Which factor examined by creditors did the store receive?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
Jenny has the option of borrowing $300 at a 3% interest rate. Which loan option would cost her the most money?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
Tonya is considering shopping at a Rooms To Go furniture store that advertises the option of payments for a period of three years. Which type of payment option was advertised?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
What is the interest amount for the following loan: $10,000 car loan for 5 years at 8% interest rate?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
A Sears Department Store sales associate gave a customer a form to complete to apply for a credit card. Which factor examined by creditors did the customer receive?
Option 4: loan for 1 year
Credit card
Consumer loan
Credit card
$4000
Credit report
Installment credit
Credit application
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