Debit cards may be used for payments but they cannot eliminate float.
Correct Answer:
Verified
Q12: Consumer installment debt has not shown a
Q13: Non installment credit normally is paid off
Q14: Convenience users of credit cards are the
Q15: Credit card holders tend to have higher
Q16: Interest on home equity loans is tax
Q18: Young families tend to be heavy users
Q19: Expectations of future inflation cause consumer borrowing
Q20: The trend in recent years has been
Q21: The single most important consumer lending institution
Q22: Commercial banks have increased their share of
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