Which of the following statements regarding amortization is CORRECT?

a$.$ Mortgages, car loans, and student loan are not examples of amortized loans.

b$.$ An amortized loan is a type of loan that requires regular, fixed payments over the life of the loan with the loan balance decreasing over time.

c$.$ An amortization schedule provides information regarding the terms of the loan, such as the interest rate and the length of the loan $($or maturity$)$; however, it does not provide detailed information that the borrower can use to determine the breakdown of the loan payment into interest and principal repayment.

d$.$ All the above statements are true.

e$.$ None of the statements is true