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When was buying on credit introduced?

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Anonymous

∙ 11y ago
Updated: 9/24/2023

Buying on credit was first introduced in the 1920's. It was a result of new inventions being discovered and businesses hiring people to make these new inventions.

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Wiki User

∙ 11y ago
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Related Questions

Buying on credit?

Buying on credit is also called Buying on Margin


1920 buying on credit was called buying on?

Buying on Margin


Who introduced America's first credit card?

America's FIRST credit card was introduced by "Diner's Club"


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 is buying by credit?

This is the process of buying goods without instant payment.


1920s buying on credit?

Margin


What is the term for buying on credit?

Borrowing.


Which bank introduced credit card?

barclay's


What are some options for buying a car with bad credit?

There are many options for buying a car with bad credit. Some options for buying a car with bad credit include taking out a loan from a company and taking out a loan from a friend or family member.


Buying stocks on credit is called?

margin

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