allows consumers to make purchases up to a credit limit

Question

allows consumers to make any number of purchases if bills are paid promptly
utilized to make major purchases

Options:
installment charge accounts, varying charge accounts, regular charge accounts, stagnant charge accounts, revolving charge accounts

Answer 1

The correct option that describes the ability to make purchases up to a credit limit, allows consumers to make any number of purchases as long as bills are paid promptly, and is utilized to make major purchases is revolving charge accounts.