Interest rates on _____ are lower than on any other form of consumer credit.
A) travel and entertainment cards
B) debit cards
C) credit cards
D) home equity loans
E) unsecured personal credit

Question

Quizplus · Accepted Answer

Home equity loans typically have lower interest rates than credit cards, travel and entertainment cards, and unsecured personal credit because they are secured by the borrower's home as collateral. Debit cards do not have interest rates as they are linked directly to a consumer's bank account.

Interest Rates on _____ Are Lower Than on Any Other