Question and answer
Which of the following is generally the best choice for consumer borrowing? A. Pawn shops B. Brokerage firms C. Depository institutions D. Consumer finance companies
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Asked 11/2/2010 2:38:55 AM
Updated 8/10/2016 3:29:28 PM
3 Answers/Comments
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User: Which of the following is generally the best choice for consumer borrowing? A. Pawn shops B. Brokerage firms C. Depository institutions D. Consumer finance companies

Weegy: A
cdfan76|Points 963|

User: What is a good practice for managing debt? A. Borrow money to pay for items you want. B. Open multiple credit card accounts to distribute the debt. C. Limit yourself to a small number of credit cards. D. Use consumer credit to pay for regular expenditures.

Weegy: In managing debt, self control is very inportant.
jagz|Points 231|

User: Which of the following is a type of information contained in a credit report? A. Cash on hand B. 5 years of credit report requests C. Income history D. All bankruptcy records

Question
Asked 11/2/2010 2:38:55 AM
Updated 8/10/2016 3:29:28 PM
3 Answers/Comments
This conversation has been flagged as incorrect.
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8
Consumer finance companies are generally the best choice for consumer borrowing.

Added 8/10/2016 3:29:18 PM
This answer has been confirmed as correct and helpful.
8
Good practice for managing debt is to limit yourself to a small number of credit cards.


Added 8/10/2016 3:29:25 PM
This answer has been confirmed as correct and helpful.
Confirmed by vchutkan [8/10/2016 3:29:33 PM]
8
All bankruptcy records is a type of information contained in a credit report.
Added 8/10/2016 3:29:28 PM
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Questions asked by the same visitor
what is consumer credit?
Weegy: One advantage of consumer credit is being able to buy things now but pay for them later by either paying in full when one gets a bill or by making payments on the balance or loan. [ It also means not having to carry as much cash around and not having to have as much liquid assets. ] User: Which of the following is a sign of credit trouble? A. Spending limits on credit accounts are increased. B. More credit cards are opened. C. Credit cards are used for big purchases. D. Credit cards are canceled due to poor payment history. (More)
Question
Updated 10/28/2016 4:37:50 AM
2 Answers/Comments
Consumer credit is a debt that a person incurs when purchasing a good or service.
Added 10/28/2016 3:57:33 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [10/28/2016 4:33:10 AM]
The following is a sign of credit trouble: Credit cards are canceled due to poor payment history.
Added 10/28/2016 3:58:58 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [10/28/2016 4:37:54 AM]
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