With an open-end credit, you pay back one-time loans in a specified period of time in equal amounts.

Name: With an open-end credit, you pay back one-time loans in a specified period of time in equal amounts.
Brand: Quizplus
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Quizplus · Accepted Answer

With an open-end credit, there is no specified period of time to pay back loans and you can borrow money up to a predetermined credit limit without having to reapply each time. The repayment terms for each individual loan may vary.

With an Open-End Credit, You Pay Back One-Time Loans in a Specified