What are steps that we can take to also monitor what occurs on a day to day basis with our credit?

Question and answer

Question|Rated bad

Asked 10/28/2010 3:45:18 PM

Updated 11/1/2021 9:00:50 PM

1 Answer/Comment

Get an answer

Search for an answer or ask Weegy.

Original conversation

User: What are steps that we can take to also monitor what occurs on a day to day basis with our credit?

Weegy: ADVANTAGE: Of all the advantages that consumer credit has, the advantage of having consumer credit during 'Emergencies' is probably the best of them all, we all come to a point when our loved ones or even ourselves are in an emergency situation, [ [ [ and most of these emrgency crisis come when we experience a lack of money. Consumer credit provides us with the much needed funds for us to have the proper treatment for a sickness, or maybe even to help us get through the night when the car brokedown in the middle of nowhere and you do not have any cash at hand to pay for a motel room. DISADVANTAGE: Even if there are certainly lots and lots of advantages of Consumer Credit, they are overwhelmed by the one disadvantage it has 'OVERUSAGE'. While it is really very convenient it is also very easy to over use. This has been proven time and again why it is 'extremely' important that, if you are planning to use the Consumer Credit offered you, you need to first let yourself know that the credit given you should only be used at the right times. Many people, the were supposed to have a great future, ruined their lives because of over using the privileges Consumer credit offered. If you like this answer, choose 'GOOD', thanks. ] ] ]
Expert answered|IfNotSo|Points 5299|

User: What are steps that we can take to also monitor what occurs on a day to day basis with our credit?

Question|Rated bad

Asked 10/28/2010 3:45:18 PM

Updated 11/1/2021 9:00:50 PM

1 Answer/Comment

New answers

Rating

Jona11

Treat all of your debts equally when it comes time to pay and Make sure you pay every bill on time, every time.

Added 11/1/2021 9:00:50 PM

This answer has been confirmed as correct and helpful.

Comments

There are no comments.