Perhaps the greatest disadvantage of using credit is the temptation to overspend.
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Q7: Single lump-sum credit is a loan that
Q8: Interest is a periodic charge for the
Q9: With open-end credit,you pay back one-time loans
Q10: It is safer to use credit,since charge
Q11: Installment cash credit is a direct loan
Q13: College students are not a prime target
Q14: Consumer credit refers to the use of
Q15: With closed-end credit,generally the seller holds the
Q16: Consumer credit dates back to colonial times.
Q17: Closed-end credit is used for a specific
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