> > >

Loans & Lending Practices MCQs

Why would someone not use a credit card to purchase a car?

Credit limits on a credit card are not high enough to purchase a car

Car dealers force consumers to use loans

Interest rates on credit cards tend to be higher than on a loan for a car or a house

It is illegal to pay for a car using credit cards

Answer

Correct Answer: Interest rates on credit cards tend to be higher than on a loan for a car or a house

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Loans & Lending Practices Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it

More Loans & Lending Practices MCQ Questions

Loans & Lending Practices Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it