11-57 Which of the Following Is NOT Characteristic of the Consumer

question 18

Multiple Choice

11-57 Which of the following is NOT characteristic of the consumer loans at U.S.banks?

• A)Non revolving consumer loans is the largest class of loans.
• B)Credit card loans often have default rates between four and eight percent.
• C)Usury ceilings affect the rate structure for consumer loans.
• D)Consumer loans differ widely with respect to collateral,rates,maturity,and noninterest fees.
• E)Revolving consumer loans include new and used automobile loans,mobile home loans,and fixed-term consumer loans.

---

Definitions:

Self-Narrative

A coherent life story that connects one’s past, present, and possible future.

Past, Present, Future

Three temporal dimensions that represent time: the past is what has already happened, the present is the current moment, and the future is what has yet to occur.

Redemption Story

A narrative wherein the protagonist overcomes adversity or wrongdoings and achieves personal growth or reconciliation.

Contamination Story

A narrative technique in literature and psychology where a positive situation or character is abruptly tainted or spoiled by a negative element.