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What else can I help you with?
What is the government site for free credit reports?
There IS no government site for free credit reports, since credit reports are provided by private firms, NOT by the government.
What is the term for buying on credit?
Borrowing.
Is using a credit card borrowing?
yes!!
What happens to the quantity demanded for credit if the cost of borrowing increases or decreases?
As the cost of credit increases, the quantity demand decreases. in contrast, if the cost of borrowing drops, the quantity of credit demand rises.
What is Reserve borrowing capacity?
Unused credit lines
What is the easiest way of borrowing money?
credit cards
What is the most expensive form of borrowing?
Credit Cards
What is meant by term credit?
The term credit refers to the borrowing capacity of a company or an individual.
Is renting or leasing a house is NOT considered an alternative to borrowing on credit?
Renting or leasing a house is not considered an alternative to borrowing on credit because they are fundamentally different financial arrangements. When renting or leasing, you are paying for the use of the property without taking on debt, whereas borrowing on credit involves obtaining a loan that must be repaid with interest. Renting or leasing does not involve a financial institution extending credit to you, unlike borrowing on credit.
Are credit cards a form of borrowing?
yes they are my good sir.
Buying on credit is a form of borrowing. True or False?
Quite true.
Which describes a persons previous pattern of borrowing and repaying?
credit pattern
