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The main advantage of buying on credit is the ability to make purchases without having to pay the full amount upfront. This can provide flexibility and convenience. However, the main disadvantage is the potential for accumulating debt and paying high interest rates, which can lead to financial strain if not managed carefully.
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The advantages and disadvantages of trade credit?
The main advantage of trade credit is you have more time to pay the creditor with no interest!
Advantages and disadvantages of credit cards?
The main advantage - is that you don't need to carry around large amounts of cash. Disadvantages are... you have to pay interest on any outstanding balance, and the card could be lost or stolen.
What kind of advantages and disadvantages of using a credit card?
The main advantage - is that you're able to purchase items (up to your credit limit) - without having to hand over cash. The main disadvantage - is that you pay interest monthly on any outstanding balance (so purchases cost you more in the long-run).
What are the advantages or disadvantages of micro finance and rural credit?
The main advantage to micro financing is better loan repayment rates but a disadvantage is that the deal is too small for a lender to devote enough time, money and diligence to it.
What are the main advantages offered by the Target VISA credit card?
The main advantages of having a Target VISA credit card are 5% off your purchases, free shipping from the Target website and free online bill payment.
The advantages and disadvantages of trade credit?
The main advantage of trade credit is you have more time to pay the creditor with no interest!
Advantages and disadvantages of credit sales?
I would say that the main advantages and disadvantages of instalmet sales are that they cinsume your money and they let you pay for the things you can't afford or don't have all the money for.
What are the advantages and the disadvantages of buying penny stocks?
The main advantage to buying penny stocks is that they are so cheap. One also has to consider the downside. The major disadvantage to penny stocks is that these stocks often fail.
What are advantages and disadvantages elecricity?
I think the main advantages of elecricity that it is safe ,cheap and clean .
What are the advantages and disadvantages of common fossil fuels used in vehicles?
There are hundreds of disadvantages and advantages. The main advantages are its power, its cheapness to manufacture, and its character. Disadvantages include pollution, inefficiency, and responsiveness (in most cases).
What is installment sales?
What are the main advantages and disadvantages of instalment sales?
Advantages and disadvantages of positivism and interpretivism?
main advantage of a positivist
What are the advantages and disadvantages of data collection methods in statistics?
There are both advantages and disadvantages of data collection methods in statistics. The main advantages are the metrics and correlation one can draw from statistics. The disadvantages stem from sampling errors.
What are the advantages and disadvantages of existing system?
"...advantages and disadvantages of existing system" Main disadvantage? If all you are doing is existing, you really need to get a life! Main advantage? If you are merely existing, you are physically alive, which usually means you have a chance to get a life.
Advantages and disadvantages of raid levels?
RAID provides two main advantages: space and data security
Advantages and disadvantages of credit cards?
The main advantage - is that you don't need to carry around large amounts of cash. Disadvantages are... you have to pay interest on any outstanding balance, and the card could be lost or stolen.
Advantages and disadvantages of transfer of technology?
The advantages of technology transfer is that China can mass produce United States nuclear apparatus and sell it back for cheaper prices. The main disadvantage is there are compromises to US security.
