Economy, asked by quadraj521, 11 months ago

Advantages and disadvantages of credit system

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Answered by rekha8191p93bn6
0

Advantages and Disadvantages of Credit. Credit can be good when used wisely. ... The main reason most people use credit is that they do not have the cash to pay the total cost of an item or service at one time. Another reason is that it may be easier to pay for an item through regular installment payments.

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