The Maximum Amount of Credit You Are Allowed by a Creditor

question 107

Multiple Choice

The maximum amount of credit you are allowed by a creditor is called a(n)

• A)revolving credit.
• B)installment cash credit.
• C)convenience credit.
• D)line of credit.
• E)single lump-sum credit.

---

Definitions:

Negative Attitude

A pervasive pattern of thinking or feeling about people, situations, or oneself in a pessimistic or detrimental manner, often leading to adverse outcomes or behaviors.

Work/Life

The balance or integration of work and personal life, focusing on managing career and personal or family needs effectively.

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Fight-Or-Flight Response

The body's automatic physiological reaction to a perceived threat, preparing an individual to either confront the situation or flee.