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Question
14 multiple choice 1 point credit cards allow users to continue to make purchases indefinitely as long as they make minimum payments each month and dont exceed their credit limit (line of credit). this type of charge and pay is called closed - end credit revolving credit variable credit clear my selection
Revolving credit allows users to make purchases, pay a minimum amount, and continue using the credit line. Closed - end credit is for a specific amount and term (e.g., a loan). Variable credit is not the standard term for this "charge and pay" feature.
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Revolving credit