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What is consumer credit?
Question
Asked 5/9/2012 8:25:59 AM
Updated 12/3/2017 2:41:50 AM
1 Answer/Comment
Flagged by emdjay23 [12/3/2017 1:20:49 AM], Edited by yumdrea [12/3/2017 2:41:50 AM]
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User: What is consumer credit?

Question
Asked 5/9/2012 8:25:59 AM
Updated 12/3/2017 2:41:50 AM
1 Answer/Comment
Flagged by emdjay23 [12/3/2017 1:20:49 AM], Edited by yumdrea [12/3/2017 2:41:50 AM]
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Consumer credit is a debt that a person incurs when purchasing a good or service.
Added 12/3/2017 1:20:48 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [12/3/2017 2:41:52 AM]
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define collateral
Weegy: Real property consists of houses and land. [ This type of property is a good form of collateral, because, if the borrower defaults on the loan and the property is foreclosed on, it has "real" market value to the bank or landlord, who can then re-sell or re-rent it to someone else and try to recoup their losses. ] (More)
Question
Updated 7/7/2018 3:56:44 AM
1 Answer/Comment
Collateral is a property or other asset that a borrower offers as a way for a lender to secure the loan.
Added 7/7/2018 3:56:44 AM
This answer has been confirmed as correct and helpful.
what it is the out comes of collaertal
Weegy: Could you finish your question? (More)
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Asked 5/9/2012 9:57:52 AM
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