The contract for a credit card account is called the
A)promissory note.
B)credit agreement.
C)credit application.
D)credit report.

Question

Quizplus · Accepted Answer

The contract for a credit card account is called the credit agreement. Promissory note refers to a legally binding document signed by the borrower promising to repay the loan amount. Credit application is a form filled out by an applicant when applying for credit, and a credit report is a detailed summary of an individual's credit history.

The Contract for a Credit Card Account Is Called the