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Credit Card Facilities in Australia Are Currently Characterised By

Question 5

Multiple Choice

Credit card facilities in Australia are currently characterised by:


A) providing borrowers with an open-ended credit facility.
B) borrowers being required to make a monthly payment based on the outstanding credit card balance.
C) providing lenders in recent years with a higher source of fee revenue from this source than from home loans.
D) all of the above.

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