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Describe the difference between open‐end and closed‐end credit and provide an example of each

Describe the difference between open‐end and closed‐end credit and provide an example of each
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Describe the difference between open‐end and closed‐end credit and provide an example of each

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User Rossum
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credit, credit is extended in advance of any transaction so that the borrower does not need to repay each time credit is desired.
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User Lapots
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