Consumer installment loans include credit cards, automobile loans, and single payment loans.

Name: Consumer installment loans include credit cards, automobile loans, and single payment loans.
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

Consumer installment loans include credit cards and automobile loans, but not single payment loans, as installment loans are repaid over time with a set number of scheduled payments, while single payment loans are repaid in one lump sum.

Consumer Installment Loans Include Credit Cards, Automobile Loans, and Single