With a revolving line of credit,borrowings are permitted up to a specified limit and for a stated period,usually 5 to 10 years.
Correct Answer:
Verified
Q32: The accuracy of credit reports has worsened
Q33: The smaller the debt-to-equity ratio,the riskier the
Q34: The Consumer Financial Protection Bureau receives more
Q35: The debt-to-equity ratio is calculated by dividing
Q36: When you cosign a loan,you are being
Q38: A home equity loan is usually set
Q39: The credit cardholders who pay off their
Q40: If you cosign a loan,the creditor can
Q41: If someone has stolen your identity,the Federal
Q42: The Fair Credit Billing Act has a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents