What Are Consumer Loans? (1 of 2) Consumer loans Any loan to a consumer, including mortgages, car loans, and credit cards However, most people think of personal loans when they hear consumer loans: o Credit cards

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter9: Obtaining Affordable Housing
Section9.2: What Does It Cost To Buy A Home?
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can you explain this as if you were reporting in front. 

What Are Consumer
Loans? (1 of 2)
Consumer loans
• Any loan to a consumer, including mortgages, car
loans, and credit cards
However, most people think of personal loans when
they hear consumer loans:
Credit cards
O Personal loans
o Consumer lines of credit
o Retail loans
Payday and car title loans
Transcribed Image Text:What Are Consumer Loans? (1 of 2) Consumer loans • Any loan to a consumer, including mortgages, car loans, and credit cards However, most people think of personal loans when they hear consumer loans: Credit cards O Personal loans o Consumer lines of credit o Retail loans Payday and car title loans
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