Which type of credit involves a set limit based on what a consumer pays up front? Loans Installment credit Secured credit cards Unsecured credit cards

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asked Nov 16, 2023 127k views

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Matt Kellogg · Answer 1 · 2023-11-22T16:29:40+0000

Answer:

Secured credit cards

Step-by-step explanation:explanation: Secured credit cards refer to credit cards that offer credit secured by a cash deposit from the cardholder. The deposit secures the card issuer from loss in case the cardholder is unable to cover the debt.

Which type of credit involves a set limit based on what a consumer pays up front? Loans Installment credit Secured credit cards Unsecured credit cards

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