What term best applies to a type of loan designed for personal use that is traditionally used by individuals to purchase items such as cars, homes, or home appliances?
The term that best applies to this type of loan is "consumer loan."
The term that best applies to a type of loan designed for personal use that is traditionally used by individuals to purchase items such as cars, homes, or home appliances is a "consumer loan."
The term that best applies to a type of loan designed for personal use, typically used by individuals to purchase items such as cars, homes, or home appliances, is "consumer loan."
