10) Match the descriptions with the words.

Question

___ allows consumers to make purchases up to a credit limit
___ 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

Here are the matches for the descriptions with the correct terms:

1. ___ allows consumers to make purchases up to a credit limit
   Revolving charge accounts

2. ___ allows consumers to make any number of purchases if bills are paid promptly
   Varying charge accounts

3. ___ utilized to make major purchases
   Installment charge accounts