When a person makes a purchase on credit with no cash passing between the borrower and the lender,this is called a cash loan.
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Q71: A lien is a legal right to
Q72: Repossession of property is much easier for
Q73: An installment purchase agreement provides more protection
Q74: The Fair Credit Billing Act permit a
Q75: If your credit card issuer allows you
Q77: During the period that a billing dispute
Q78: A conditional sales contract is also known
Q79: The only way to obtain a secured
Q80: All mandatory charges to be paid by
Q81: Noninstallment credit includes
A)single-payment loans.
B)open-end credit.
C)monthly-payment loans.
D)both single-payment
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