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What is revolving credit?
Question
Asked 4/3/2014 11:36:35 PM
Updated 4/4/2014 1:23:54 AM
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User: What is revolving credit?

Weegy: You should have 2 to 6 revolving credit lines
MrG|Points 6742|

User: What is noninstallment credit?

Question
Asked 4/3/2014 11:36:35 PM
Updated 4/4/2014 1:23:54 AM
2 Answers/Comments
This conversation has been flagged as incorrect.
Flagged by paral [4/4/2014 1:23:28 AM]
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Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to instalment credit.
Added 4/4/2014 1:23:27 AM
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3
Non-installment credit refer to a system of credit that is payable in one lump-sum amount by a specified date.
Added 4/4/2014 1:23:54 AM
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Questions asked by the same visitor
Which of the following is a short-term financial goal? A. Saving for retirement B. Saving for college C. Buying a birthday gift for a friend D. Buying a house
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Not Answered
Updated 4/2/2014 11:37:55 AM
1 Answer/Comment
Buying a birthday gift for a friend is a short-term financial goal.
Added 4/2/2014 11:37:55 AM
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What is financial risk?
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Updated 4/3/2014 11:17:57 PM
1 Answer/Comment
Financial risk is an umbrella term for multiple types of risk associated with financing, including financial transactions that include company loans in risk of default.
Added 4/3/2014 11:17:57 PM
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What is fraud?
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Updated 4/3/2014 11:40:36 PM
1 Answer/Comment
Fraud is defined as wrongful or criminal deception intended to result in financial or personal gain.
Added 4/3/2014 11:40:36 PM
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Confirmed by jeifunk [4/3/2014 11:44:31 PM]
What is an annuity?
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Updated 4/3/2014 11:38:40 PM
1 Answer/Comment
An annuity is a fixed sum of money paid to someone each year, typically for the rest of their life.
Added 4/3/2014 11:38:40 PM
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Confirmed by jeifunk [4/3/2014 11:50:34 PM]
What is a 401(k) account?
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Updated 4/3/2014 11:37:18 PM
1 Answer/Comment
A 401(k) plan is the common name in the USA for the tax-qualified, defined-contribution pension account defined in subsection 401(k) of the Internal Revenue Code.
Added 4/3/2014 11:37:18 PM
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