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Basic Question 3 of 3

Which type of loans is non-amortizing?

A. Traditional residential mortgage loans
B. Automobile loans
C. Credit card receivables

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe types and characteristics of non-mortgage asset-backed securities, including the cash flows and risks of each type

CFA® 2025 Level I Curriculum, Volume 4, Module 18.