One of the advantages of the open end credit is that it offers purchasing power and offers the credit card benefits. The disadvantage is that it might blow one's budget up.
What are the advantages and disadvantages of end user computing
To open end credit is when your food is sour and you need to dispose it
Advantages- Storing Computer filesDisadvantages- Could end up getting cluttered, if Lost, you are screwed.
They have limits.
Open end credit means khullam khulla udhar lena band.Closed end credit means chup k udhar lena band
Depends if you're a guy or a girl as to WHAT they are. But the REAL question is HOW MANY advantages or disadvantages are you having with said girlfriend. First of all...do you love her? If you had a resounding YES!, there is your answer - doesn't matter how many advantages or disadvantages. If you had a resounding NO!, there is your answer - doesn't matter how many advantages or disadvantages. If you're not sure, there is your answer too - doesn't matter how many advantages or disadvantages. If you have to decide based on advantages and disadvantages, it's not based on love and you should end it now.
your but! and around the courner!
Generally, closed-end credit has a better interest rate than that of open-ended credit because closed-end credit is less risky insomuch as there is a limit on how much credit may be utilized (whereas there is no limit for open-ended credit). Because lenders look at the risk-reward aspects of the product portfolio, a lower-risk product warrants a lower interest rate than one having higher risk.
Line of Credit
As the name says, a back bone network is an interconnection of different networks at the back end.
Basically, open ended. Once again you just got to read the contract.
There are many advantages of wealth maximization which include creating a security for the future and also living a quality lifestyle. There are also disadvantages which may include becoming vulnerable and prone to criminals and you might also end up being isolated.
The cost involved is one of the disadvantages of HRP. Another disadvantage is if you overdo it, you can end up creating more problems than you started with. Human resource planning has advantages as well.
advantages: *the web is not just nationwide,it's worldwide *faster respose to both marketers and the end user *opens the possibility to a market of one though personalisation
Advantages:Simple to doCost effectiveDo not need high expertisevery accurate and preciseCan be used by low skilled traineesDisadvantages:Determining end point may be difficult (pending indicator used)Requires careful attention to reach end point accurately (based on split-drop method)
closed end is like a car loan or mortgage where you agree repayments and have a fixed end date. open end is like a credit card ... you pay a minimium repayment each month but it could go on forever
Open end credit is when a borrower can continue to borrow and pay off in various amounts, such as a credit card. Closed end is when the lender tells the borrower how much they can borrow and a fee schedule is set up which the borrower will pay until the debt is paid off, such as a car loan.
A credit card is ALWAYS an open account. This is established under the Truth-In-Lending Act: TITLE 15 > CHAPTER 41 > SUBCHAPTER I > PART A > SUB SECTION 1602 s/s 1602. Definitions and rules of construction (i). The term "open end credit plan" means a plan under which the creditor reasonably contenplates repeated trans actions, which prescribes the terms of such transactions, and which provides for a finance charge which may be computed from time to time on the outstanding unpaid balance. A credit plan which is an open end credit plan within the meaning of the preceding sentence is an open end credit plan even if credit information is verified from time to time. This would be a Federal Law pertaining to all 50 states. Go to: CREDIT INFOCENTER http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml
The disadvantages include the fee that you must pay at the end of each month, with a daily compounded interest. Another problem is that some places charge more when using credit cards or debit cards instead of money or checks. Credit can be lost or stolen, and then used for identity theft, without the owner's knowledge.
There are many advantages to having New Year celebrations. They are a fun, they give you a reason to get together with family and friends, and they make the end of one year and the beginning of another. Disadvantages to these celebrations include too many people drinking and being out on the road, and the crowds.
Mains electricity is nothing but main source of power in an installation. From the mains the power is then branched out to different end usage.
The advantages are that you can get a lot more plants and feed more people. Disadvantage is that you may end up with too much and the price will go down.
closed-end credit :)
Disadvantages of buying a low end combination oven is that you might have to replace it more often than buying a high end combination oven. Advantages would be that you might not have to replace it as often. When buying anything of value you should stick to the old saying "you get what you pay for" meaning if you purchase a cheap version of anything it will not be as good as purchasing the most expensive version of the same product.