Eric bought a garden tractor at Home Depot using his Home Depot credit card. Soon after, he lost his job and could not make any payments on his Home Depot credit card, not even the minimum required payment. Which of the following statements is likely true?

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townsmat000 townsmat000

26-04-2022
Business

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Eric bought a garden tractor at Home Depot using his Home Depot credit card. Soon after, he lost his job and could not make any payments on his Home Depot credit card, not even the minimum required payment. Which of the following statements is likely true?

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-04-29T18:01:25+02:00

The thing that will happen is that Eric will likely lose the garden tractor that was brought since it was through a credit card.

What is a credit?

It should be noted that credit simply means buying something with the aim of future repayment.

In this case, the thing that will happen is that Eric will likely lose the garden tractor that was brought since it was through a credit card.

Learn more about credit on:

https://brainly.com/question/26867415