asked 88.7k views
7 votes
Installment credit is different from revolving credit because installment credit is:

A. Interest free on monthly payments,
B. automatically renewed as debts are paid,
C. paid back in fixed monthly payments,
D. principal free on fixed monthly payments,
Answer C

asked
User Zxz
by
8.0k points

1 Answer

9 votes
Paid back in fixed monthly payment
answered
User Bmitc
by
8.2k points
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