American_Bankers_Association
CTFA · Question #154
Credit limit is:
The correct answer is A. The maximium credit amount that can be used on your credit card. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
Credit limit is:
Options
- AThe maximium credit amount that can be used on your credit card
- BThe minimum credit amount that can be used on your credit card
- CThe maximium credit amount that can be used on your ATM card
- DThe minimium credit amount that can be used on your ATM card
How the community answered
(29 responses)- A83% (24)
- B3% (1)
- C10% (3)
- D3% (1)
Topics
#credit limit#credit card#maximum credit#consumer credit
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