Question

10) Match the descriptions with the words.

___ 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**