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A key difference between an installment loan and revolving credit is Multiple Choice Revolving credit is not reported on the credit bureau Installment loans

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A key difference between an installment loan and revolving credit is Multiple Choice Revolving credit is not reported on the credit bureau Installment loans are for a specific amount O A revolving credit cannot have collateral attached to it You do not have to meet the capacity requirement for a revolving credit You can only have one type of installment loan at a time

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