The Best Loan Rates for Consumer Loans Are from Consumer

question 63

True/False

The best loan rates for consumer loans are from consumer finance companies.

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Definitions:

PLC

Stands for Programmable Logic Controller, a digital computer used for automation of industrial processes, such as control of machinery on factory assembly lines.

External Input

Any input signal or data received from an outside source, device, or system, which is used to influence operations or responses within a system.

Latch

An electronic circuit or mechanism that retains its output state until a specific input signal is received.

Unlatch

A term used in programmable logic control programming that refers to a command or instruction to turn off or reset a previously set (latched) condition.