How do credit card loans differ from ordinaryinstallment loans? Why are credit card loansparticularly dangerous?
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Part 1
How do credit card loans differ from ordinaryinstallment loans?
A.
Credit card loans differ from installment loans in that creditcards charge an annual fee, and often raise the interestrate.
B.
Credit card loans differ from installment loans in that you arerequired to pay off your balance at the end of each 25 to 30 daygrace period.
C.
Credit card loans differ from installment loans in that you arerequired to pay off your balance at the end of each month.
D.
Credit card loans differ from installment loans in that you arenot required to pay off your balance in any set period of time.
How do credit card loans differ from ordinary installment loans? Why are credit card loans particularly dangerous? Que
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