Respuesta :

Answer:

Answer:

A. a credit card

B. a down payment

Explanation: I just took it on edge

Borrowers use to secure a mortgage loan with credit card,  down payment.

What are credit cards?

A credit card is a type of payment card that is given to the customer (cardholders) to enables them to pay a merchant for products or services depending on the amount of debt they have accrued (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (often a bank or credit union) opens a revolving accounts and offers the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Creditworthiness cards and company credit cards are the two types of credit cards. The majority of cards are plastic, although some are made of metal (stainless, gold, platinum, chromium), and some metal cards have stones incorporated in them.

You can use a credit card to obtain a credit limit that is granted by the company that issued the card to you. Your credit limit determines how much money you may borrow in total. The card issuer allows you to use as much of the available credit as you choose at any one time rather than handing you the whole loan amount in cash. You can keep borrowing as long as your balance does not go over the credit limit as long as you make the smallest monthly payment required by the issuer.

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