10 of 25 - /6.4 WIN - View Policies Current Attempt in Progress When real property is used as collateral to secure a loan, the lender records a against the property. O mortgage O lien O judgement O deed Save for Later Attempts: 0 of 2 used Submit Answer6 of 25 - / 6.4 $5 View Policies Current Attempt in Progress An interest rate on credit cards that is below the market rate and is offered to new customers is known as a(n) rate. 0 balance transfer 0 teaser O cash advance 0 temporary Save for Later Attempts: 0 of 2 used 7 of 25 - / 6.4 $5 View Policies Current Attempt in Progress The grace period is the period of time before 0 the balance is due in full. 0 interest begins to accrue on new transactions. O a penalty will be assessed for late payment. 0 the lender will increase the interest rate on the credit card. Save for Later Attempts: 0 of 2 used 8 of 25 - /6.4 WIN - View Policies Current Attempt in Progress Which of the following statements regarding retailers and bank credit cards is true? O Retailers receive half of the credit card finance charges. O Very few financial institutions offer credit cards. O All retailers now accept some type of bank credit card. O Retailers incur a cost for accepting credit cards. Save for Later Attempts: 0 of 2 used Submit Answer6 9 of 25 - / 6.4 1:5 View Policies Current Attempt in Progress An acceleration clause is a loan term that requires immediate repayment of the on a loan that is in default. 0 amount overdue 0 original borrowed amount 0 minimum monthly payment 0 outstanding balance Save for Later Attempts: 0 of 2 used