toriedrington toriedrington
  • 27-01-2017
  • Business
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Sheldon bought a new TV for his apartment with his credit card. Which type of credit is demonstrated in this scenario?

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kitkatsybouts
kitkatsybouts kitkatsybouts
  • 27-01-2017
This is an example of unsecured credit because your just giving your word to the credit card company that you'll pay it back.  
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rsanford7 rsanford7
  • 27-01-2017
This is typically an unsecured loan that only requires credit instead of an asset.
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