If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using?
a) non-revolving
b) revolving
c) short term
d) unsecured

A) Non-Revolving

Explanation:

There are two types of payment option, revolving credit and non-revolving credit.

For non-revolving credit, there is a fixed interest rate and fixed monthly payment according to agreement to payoff the loan. The consumers fixed monthly payment in this case is $250. Unlike non-revolving credit, there is no fixed payment amount in revolving credit.

colony: virginia

1: 1607,john smith

2: british were looking for gold and land

3: near oceans and theres forests

4: fishing? ithink

5: sometimes

abu bakr, was a senior companion and—through his daughter aisha—a father-in-law of the islamic prophet muhammad. abu bakr became the first openly declared muslim outside muhammad's family. abu bakr served as a trusted advisor to muhammad.