5. It is the seller's job to sell you stuff. It is the governments job to make sure you make good decisions. Your job is to keep your monthly payments low. It is your job to make good decisions for yourself. It is also the seller's job to make sure you make good decisions. Question 6 6. The basic types of credit are: Car loans, mortgage loans, and credit cards Closed end and mortgages Closed end and open end Credit cards and open end