The correct answers are :
Revolving credit: Credit cards and home-equity line of credit.
Closed-end credit: Car lease and mortgage loan.
What are the 4 types of credit?
Four Common Forms of Credits:
- Revolving Credit. This form of credit allows you to borrow money up to a certain amount.
- Charge Cards. This form of credit is often mistaken to be the same as a revolving credit card.
- Installment Credit.
- Non-Installment or Service Credit.
What Are the Different Types of Credit?
There are three main types of credit: installment credit, revolving credit, and open credit. Each of these is borrowed and repaid with a different structure.
Learn more about different Forms of Credits here: brainly.com/question/26499492
#SPJ2
