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what is close end credit?
Close end credit is a loan or extension of credit in which the proceeds are dispersed in full when the loan closes and must be repaid, including any interest and finance charges, by a specified date.
Expert answered|sipichapie|Points 610|
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Asked 9/16/2011 6:26:45 PM
Updated 3/17/2014 8:07:35 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [3/17/2014 8:07:34 AM], Confirmed by jeifunk [3/17/2014 8:07:36 AM], Edited by jeifunk [3/17/2014 8:07:42 AM]
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