Part I: Categorize Different Types of Credit
For each TYPE OF CREDIT listed in the first column, you’ll categorize it in the remaining three columns, using the following descriptions:
If you’re unsure where a type of credit belongs, you can use these links as a resource:
Types of Consumer Credit & Loans - Debt.org
The Difference Between Secured and Unsecured Debts - About Money
What Is the Difference Between Fixed- and Variable-Rate Financing? - CFPB
If you can’t find the answer using the links above, you can do your own internet search to help you complete the work.