Megan5832 Megan5832

06-07-2017
Advanced Placement (AP)

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Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be ?

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MasterElodin MasterElodin

20-07-2017

The loan that will be applicable to a credit card is called a Credit Card Loan. This type of loan is a liability that is not secured and it is incurred on a short-term basis. The payment for the loan also has a short pay period.

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