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The three types of accounts on a consumer credit report are installment accounts, revolving credit and open accounts. Credit cards are considered revolving accounts.

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Q: What are the 3 categories of consumer credit?
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Related questions

The 3 categories of consumer credit are?

Service, Cash, and Sales Credit.


The Three categories of consumer credit are service credit cash credit and what else?

sales credit


What is the classification of credit according to type of credit?

1] Consumer Credit 2] Mercantile or Commercial Credit 3] Bank Credit 4] Investment Credit


What is the classification of credit according to type of users?

1] Consumer Credit 2] Mercantile or Commercial Credit 3] Bank Credit 4] Investment Credit


What are consumer credit agencies?

Some consumer credit agencies are Money Management and Experian. Other agencies that offer consumer credit services are Consumer Finance, AICCCA, Care One Credit, Freedom Debt Relief and the Consumer Credit Bureau.


What is the classification of credit according according to type of user?

1] Consumer Credit 2] Mercantile or Commercial Credit 3] Bank Credit 4] Investment Credit


Where can someone get consumer credit counselling?

Money Management, CareOne Credit, and Consumer Credit are just a few of the many online resources that can assist when you need consumer credit counseling.


What are the provisions of the Consumer Credit Protection Act of 1968?

The Consumer Credit Protection Act of 1968 assures that every consumer with a need for credit is given meaningful information with respect to the cost of that credit.


Which law did the Consumer Credit Act 1974 of the Parliament of the United Kingdom reform?

The Consumer Credit Act 1974 of the Parliament of the United Kingdom reformed consumer credit laws to protect the consumer. It states that creditors must be licensed and credit agreements be fair and just.


Which organisations offer consumer credit counselling services?

Some organizations that offer consumer credit counseling services include the Association of Independent Consumer Credit Counseling Agency and Consumer Credit Corporation. Another company in the same industry you may bee interested in is the National Foundation for Credit Counseling.


What is the budget of Oklahoma Department of Consumer Credit?

The budget of Oklahoma Department of Consumer Credit is 1,900,000 dollars.


What companies offer refinancing for consumers with poor credit?

Deloitte will help a consumer with a poor credit rating. The company will help the consumer with poor credit get a new start. Easy Financial will loan from $500 to $5,000 to a consumer with bad credit.