American_Bankers_Association
CTFA · Question #258
It is a line of credit made available to an individual on an as-needed basis.
The correct answer is D. Unsecured personal credit line. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
It is a line of credit made available to an individual on an as-needed basis.
Options
- AHome equity credit line
- BOverdraft protection line
- CRevolving line of credit
- DUnsecured personal credit line
How the community answered
(37 responses)- A3% (1)
- B14% (5)
- C8% (3)
- D76% (28)
Topics
#unsecured personal credit#revolving credit#consumer lending#credit line
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