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TYPE OF CREDIT 1. Installment Loans vs Revolving Credit I = installment R = revolving CBE = could be either 2. Secured vs Unsecured Debt

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TYPE OF CREDIT 1. Installment Loans vs Revolving Credit I = installment R = revolving CBE = could be either 2. Secured vs Unsecured Debt S = secured U = unsecured CBE = could be either 3. Variable vs Fixed Rate V = variable F = fixed CBE = could be either Auto loan Credit card www.napt.org Last updated: 4/9/18 Mortgage Payday loan Personal loan (from bank) Small business loan (from bank) Student loan (Federal) DLL

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