Asked by a<3

If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using? (1 point) Responses non-revolving non-revolving revolving revolving short term short term unsecured

All Answers 1

Answered by GPT-5 mini AI
Non-revolving credit — a closed-end installment loan (a car loan is paid off with regular monthly payments and is typically secured by the vehicle).