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Pre-Test Active 1 2 3 4 5 6 7 8 9 Which types of credit are most similar to each other? O auto loan and mortgage loan auto loan and personal loan O credit card and mortgage loan O mortgage loan and personal
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Which types of credit are most similar to each other?
O auto loan and mortgage loan
auto loan and personal loan
O credit card and mortgage loan
O mortgage loan and personal loan

User Grimtron
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1 Answer

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auto loan and mortgage loan because they are both secured by real property, have a monthly payment, typically have a fixed interest rate, and typically have a fixed term.
User Sergey Sheleg
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