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Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be ? Its a Revolver Loan, I just want everyone to know.

Respuesta :

It would be a revolving loan

Answer:

The answer is - REVOLVING CREDIT

Step-by-step explanation:

Trish is applying for a store credit card. If she gets approved, what type of loan will it most likely be?

The answer is - REVOLVING CREDIT

A revolving credit refers to a bank that offers an always available loan to an individual or any corporation for an undetermined amount of time.

The debt is repaid periodically and when the debt is repaid, a credit is automatically renewed and can be borrowed again. Examples are - retail store card or gas card.

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