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American_Bankers_Association

CTFA · Question #251

Cash advance is:

The correct answer is D. A and B both. See the full explanation below for the reasoning.

Fiduciary and Trust Activities

Question

Cash advance is:

Options

  • AA loan that can be obtained by a bank credit cardholder at any participating bank or financial
  • BA debt that can be obtained by a bank credit cardholder at any participating bank or financial
  • CA financial leverage that can be obtained by a bank credit cardholder at any participating bank or
  • DA and B both

How the community answered

(64 responses)
  • A
    11% (7)
  • B
    3% (2)
  • C
    6% (4)
  • D
    80% (51)

Topics

#cash advance#credit card#bank credit#consumer lending

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