Which of the Following Forms of Consumer Credit Is the Cheapest

question 18

Multiple Choice

Which of the following forms of consumer credit is the cheapest and offers tax shelters?

• A)Overdraft protection lines
• B)Home equity credit lines
• C)Credit cards
• D)Unsecured personal credit
• E)The Wage Earner Plan

---

Definitions:

Fair Debt Collection

Practices and regulations that ensure the collection of debts is conducted in a humane, respectful, and lawful manner.

Business Debts

Financial obligations incurred in the course of running a business, including loans, leases, and money owed to suppliers.

PM System

A PM System, or Project Management System, is a tool or software designed to assist in organizing, planning, and managing resources and tasks to achieve the objectives of a project efficiently.

Alpha Search

A method of searching or organizing information based on alphabetical order.