Question: Select the term associated with consumer loans that corresponds to each of the given descriptions. (Note: These are not necessarily complete definitions, but there is
Select the term associated with consumer loans that corresponds to each of the given descriptions. (Note: These are not necessarily complete definitions, but there is only one possible answer for each description.) Description Term Varied loan terms, depending on the type of asset purchased, such as home entertainment systems or boats The most common consumer loan Available for a child's undergraduate college studies, up to the full cost of attendance, with no specific dollar limit Available to students through government programs Borrowing from one source to pay other creditors
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