Question

Which form of credit imposes a credit limit, is unsecured, is high in interest, and has a bank or financial institution as a lender? a mortgage a credit card a vehicle loan a paycheck loan

Answer 1

Credit card is a form of credit that impose a credit limit, is unsecured, is 'high in interest', and has a bank or 'financial institution' as a lender.

Step-by-step explanation:

• A credit card is a very useful card for people. It helps to purchase things and makes billing or payment easy without difficulties.

• As credit cards does have credit limit as user will not be allowed to withdraw money above the limit. The card is protected with a 4-digit code.

Answer 2

The answer would be a credit card. A credit card is being issued by a bank or a financial institution that would allow the holder to charge any purchase at the store that would accept it.It has a credit limit and can have high interest.