Which are types of revolving credit?
I. Credit card
II. Instalment loan
III. Car loan
IV. Line of credit
Question 26Select one:
a.
I and II, only
b.
III and IV, only
c.
II and III, only
d.
I and IV, only
d. I and IV, only
Credit card and line of credit are types of revolving credit. Instalment loans and car loans are not considered revolving credit.