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suggestion regarding credit limit.should it be approved or not,what should be the amount of credit limit that electronics give to booth plastics
Credit limit should be approved since if the banks will not do so, they will go bankcrupt since consumers may just use their credit cards and not pay or be default. So to avoid this possibility, banks should implement credit limits. [ Amount of credit limits may depend on the capacity of banks. It will also depend on the financial capacity of the consumer. ]
Expert answered|businesslady|Points 901|
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Asked 8/17/2012 4:48:41 AM
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suggestion regarding credi limit.should it be approved or not,what should be the amount of credit limit that electronics give to booth plastics
Weegy: A credit limit is the maximum amount that a creditor will extend or allow you to borrow. The creditor may be a bank, a credit card company, an automotive company, or another type of lender. (More)
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Asked 8/17/2012 4:44:45 AM
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