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|Lesson 1 (3.0 points) | |1. What is credit? (0.5 points) | |commitment to pay for something in the future, kinda of paying for it right away | |2. What is a credit halt? (0.5 points) | |a fare that tells lenders how likely you are to make payments on time. | |3. What is installment credit? (0.5 points) | |when you borrow a particular(prenominal) bambino up and agree to pay it in a specific number of payments of equal amounts. | |4. What is revolving credit? (0.5 points) | |when you are approved for espousal up to a specific credit limit, and you can make how some(prenominal) of that credit to use and when to pay it off. | |5. What is non installment credit? (0.

5 points) | |credit that is paid all at once, in a mavin payment | |6. Name at least wholeness naval division of a credit report. (0.5 points) | |Credit register | |Lesson 2 (3.0 points)...If you expect to get a full essay, parade it on our website: Ord erEssay.net

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