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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?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
Jenny has the option of borrowing $300 at a 3% interest rate. Which loan option would cost her the most money?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
While shopping among several stores, Tina charged over $700 worth of home improvement supplies. Which type of credit did Tina use?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
Which is an example of a service provided by a credit bureau?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
Walden Book Store obtained information about Ann's reputation for paying her bills.Which factor examined by creditors did the store receive?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
A bank loaned Doug $4,500 for 24 months. Which type of credit did he accept?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
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?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
Jenny charged $300 worth of gifts while shopping at several stores. Which type of credit did Jenny use?
Installment credit
Credit card
Credit reports to other businesses
Credit application
Credit report
Credit card
Consumer loan
Option 4: loan for 1 year
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