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11 October, 14:04

Which is an example of closed-end credit?

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  1. 11 October, 14:08
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    Some examples of closed-end credits are all kids of mortgage lending and car loans. Places that might offer closed-end credit are car dealerships and real estate agencies.
  2. 11 October, 14:09
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    An example would be a car loan. It's any type of credit that needs to be paid in full by a certain date. More examples include mortgage payments and student loans.
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