5
QuizMultiple Choice

How Credit Works

Question 5 • FL-2102310-Economics

How is a merchant credit card different from a title loan?

Answer
A
A merchant credit card is a secured loan, while a title loan is unsecured.
B
A merchant credit card does not have a fixed interest, while a title loan does.
C
A merchant credit card is an unsecured loan, while a title loan is a secured loan.
D
A merchant credit card requires no payment, while a title loan requires a payment.
Previous
Next