Trish, here is the definition of a "negotiable instrument" from the UCC code and you will see that credit cards ( installment loans" ) do not satisfy this definition
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Transferable document (e.g., a bank note, check, or draft) containing an unconditional promise or order to pay a specified amount to its holder upon demand or at a specified time. In the U.S., the Uniform Commercial Code governs negotiable instruments.
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This is now the law of the land, the UCC code.