What is revolving credit? A. Credit when the borrower makes regular monthly payments B. Credit that requires payment in full on a specific date C. Credit that is paid all at once, in a single payment D. Credit that lets the borrower choose how much of the credit to use and when to pay it

Respuesta :

Answer:

Revolving credit is the type of Credit that lets the borrower choose how much of the credit to use and when to pay it

Choice D is correct

Explanation:

Credit where the borrower makes regular monthly payments is referred to as Installment Credit.

Credit that requires payment in full on a specific date is called Single-payment Credit.

Credit that is paid all at once, in a single payment is referred to as Non-installment credit

Answer: D)Credit that lets the borrower choose how much of the credit to use and when to pay it

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