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Discuss one advangtage and disadvantage of consumer credit
Advantage of Consumer credit: Convenience - Credit is handy for shopping the Internet or eliminating the need to carry around large amounts of cash when shopping, renting vehicles or going out for dinner or other forms of entertainment. [ Disadvantage: Debt- borrowing on credit often encourages individuals to spend more than they earn, resulting in debt. ]
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Expert answered|andrewpallarca|Points 18869|
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Asked 1/24/2013 4:39:33 PM
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