Home Categorize the following consumer loan products by their product life cycle stage: introductory, growth, maturity, or decline. Explain your choices....

Categorize the following consumer loan products by their product life cycle stage: introductory, growth, maturity, or decline. Explain your choices….

Categorize the following consumer loan products by their product life cycle stage:
introductory, growth, maturity, or decline. Explain your choices.
Loan Product Product Life Cycle Stage
Unsecured closed-end personal loan Decline- The percentage based on prior years is declining.
Education loan ____________________
Prime plus 2%, 75% LTV home equity loan ____________________

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Prime plus 0%, 90% LTV home equity line of credit_______________
High fixed rate, with annual fee credit card ____________________
Subprime home equity loans ____________________
Direct automobile loans ____________________
Interest-only credit card ____________________
Indirect lending ____________________
Home improvement loans ____________________

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