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Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be ?

Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be ?
asked 89.2k views
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Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be ?

asked
User Kinna T
by
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2 Answers

7 votes

Answer:

Revolving credit

Step-by-step explanation:

answered
User Eric Stermer
by
8.8k points
3 votes
The loan that will be applicable to a credit card is called a Credit Card Loan. This type of loan is a liability that is not secured and it is incurred on a short-term basis. The payment for the loan also has a short pay period.
answered
User StuffandBlah
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