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They made it easier for consumers to spend money - Apex

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Brenden McClure

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3y ago

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What was true about credit and layaway plans?

They made it easier for consumers to spend money - Apex


What was true about both credit and layaway plans?

They made it easier for consumers to spend money - Apex


What was true about both credit and lawaway plans?

Both credit and layaway plans involve purchasing items without paying the full amount upfront. With credit, the purchase is made immediately with an agreement to pay back the amount in installments over time with added interest. Layaway involves setting aside the item and making payments towards it until the full amount is paid, after which the item is released to the buyer.


What was true about both credit and Lily plan what was true about both credit and layaway plan?

Both credit and layaway plans allow consumers to purchase items without paying the full amount upfront. With credit, consumers can buy items immediately and pay the balance over time, often with interest. In contrast, layaway requires consumers to pay for the item in installments before receiving it, typically without interest, making it a more structured approach to budgeting. Both options enable consumers to manage their finances while acquiring goods.


What was true about both cresit and layaway plans?

Both credit and layaway plans allow consumers to purchase items without immediate full payment. In a credit plan, consumers can take the item home right away and pay off the cost over time, often with interest. In contrast, layaway requires consumers to pay for the item in installments before they can take it home, typically without interest. Both methods enable budgeting for larger purchases but involve different payment structures and immediate ownership.


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