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Other Fields Homework Help Business Topic started by: stranahan on Nov 18, 2016



Title: A ________ type of loan is similar to a line of credit. However, even though only a portion of the ...
Post by: stranahan on Nov 18, 2016
A ________ type of loan is similar to a line of credit. However, even though only a portion of the loan is available to the borrower, interest is paid on the entire face value of the loan.
A) line of credit
B) compensating balance loan
C) discount loan
D) straight loan with preset payment schedule


Title: Re: A ________ type of loan is similar to a line of credit. However, even though only a portion of ...
Post by: FatherHyena on Nov 18, 2016
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Title: Re: A ________ type of loan is similar to a line of credit. However, even though only a portion of the ...
Post by: stranahan on Jan 6, 2017
Thank you very much for this. It's really helpful.