The type of credit people are most likely to use for small purchases during their lifetime is a credit card. a personal loan. an auto loan. a mortgage.

Question
Answer:
All loans are types are credits that are available to use for people who are in need of money for specific purposes. Loans like the home loan, auto loan, personal loans help the person to make bigger purchases like vehicles, properties and so on. The credit card is a limited credit availability that will let you use its credit limit for smaller purchases like shopping, purchase of groceries etc.Hence credit card is a most likely means of credit that is used by people in their lifetime
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general 9 months ago 3975