2007-02-25 05:26:32 · 2 answers · asked by rizzo 2 in Education & Reference ➔ Homework Help
Credit may help you to take advantage of sales and bargain opportunities. It also gives you the immediate benefit of goods and services when you are short on cash. If you are not careful, however, credit can place you in trouble later when payments are due
2007-03-04 14:27:21 · answer #1 · answered by airam 4 · 0⤊ 1⤋
Most benefits from consumer credit go to those who give credit, those who sell what ever it was, & all in the line of bringing the object to the sale.
Also because most people are in the line of bringing goods & services to the market they have jobs.
It isn't as much of a benefit as it would seem to the person who gets the credit.
So the benefits to market place as a whole are carried by those that use credit the most.
2007-03-05 01:39:37 · answer #2 · answered by Floyd B 5 · 0⤊ 0⤋