Economy, asked by pulakg2006, 7 months ago

Write one disadvantage of taking Credit (loan).

Answers

Answered by mshahzad191110

Explanation:

Disadvantage: Risking Your Credit Score

Even if you do have good credit and manage to get a loan from the bank, you risk jeopardizing your credit score when you fail to make payments on time or fail to pay the loan back completely.

Answered by dilip9b2020

Answer:

Even if you do have good credit and manage to get a loan from the bank, you risk jeopardizing your credit score when you fail to make payments on time or fail to pay the loan back completely.

Explanation:

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