Explain
one
major difference between credit cards and installment loans and mortgages.

   With installment debt, you borrow a fixed amount in one lump sum; unlike a credit card, you can't keep borrowing as you pay off your balance. Installment loans have predetermined end dates, so you know when you'll be done with the loan. ... Interest rates on secured loans are typically lower than on unsecured loans.

Explanation:

a a car

~courtney

brainliest?

answer(d) all of the choices are correct;