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Purchase of items one cannot really afford and may not really need. Payment of interest, which can become excessive due to length of contract, interest rate, size of payments, etc.
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∙ 15y ago
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Buying on credit?
Buying on credit is also called Buying on Margin
Do the advantages of credit outweight the disadvantages of credit?
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
1920 buying on credit was called buying on?
Buying on Margin
What are the advantages and disadvantages of using credit?
Advantages include being able to purchase something you otherwise might not be able to.Using credit means you can have what you want right away, rather than waiting for later.Credit is a convenience. Credit helps you to buy expensive items and pay for them over a long period of time. .Disadvantages are paying interest.Having a poor credit rating can make it hard to get additional credit. Having a credit card may lead to impulse buying.
Are there any major disadvantages to a Chevron credit card?
There are no major disadvantages specific to a Chevron credit card. There are disadvantages inherent in credit cards like annual fees or murky language and varying rates for different usages, but those are potential disadvantages to all credit cards.
List and explain the advantages and disadvantages of buying on credit?
I am not really into that stuff but if you go to other websites you will probably find it
Buying on credit?
Buying on credit is also called Buying on Margin
Do the advantages of credit outweight the disadvantages of credit?
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
1920 buying on credit was called buying on?
Buying on Margin
What are the advantages and disadvantages of using credit?
Advantages include being able to purchase something you otherwise might not be able to.Using credit means you can have what you want right away, rather than waiting for later.Credit is a convenience. Credit helps you to buy expensive items and pay for them over a long period of time. .Disadvantages are paying interest.Having a poor credit rating can make it hard to get additional credit. Having a credit card may lead to impulse buying.
Are there any major disadvantages to a Chevron credit card?
There are no major disadvantages specific to a Chevron credit card. There are disadvantages inherent in credit cards like annual fees or murky language and varying rates for different usages, but those are potential disadvantages to all credit cards.
What is another name for buying on credit?
buying on margin
What is buying stock on credit called?
Buying on margin.
What is buying on credit?
Buying on credit is a program that allows customers to buy now and pay later.
What are the disadvantages to buying used Subaru imprezas?
The disadvantages to buying used Subaru Imprezas are that buying parts can be expensive as they are usually only available at Subaru dealerships and they are not very economical on fuel.
What is the advantages and disadvantages of credit policy?
advantages of credit policy
What is buying by credit?
This is the process of buying goods without instant payment.
