Post date: Feb 26, 2014 1:32:59 PM

Define the Following Terms.

1. Define Closed-end credit & examples

2. secured loan

3. Collateralized loan

4. Revolving Line of Credit

5. unsecured loan & give example

6. Define the 3 or 4 C's of Credit " Character, Capacity, Collateral.

7. Credit

8. Credit card cash advances

9. Truth in Lending Act

10. Consequence of paying the minimum payment due on a credit card bill or paying a bill late

11. How does the degree of risk influence the interest rate charged for credit

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http://quizlet.com/23294239/5-cs-of-credit-cards-flash-cards/