Difference between installment debt and revolving unit

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Reference no: EM131306146

Do an online search of credit care debt management, installment debt, and revolving credit.

a. Is the total avoidance of debt an effective strategy to utilize in managing your debt and credit? Explain fully.

b. Explain the difference between installment debt and revolving credit.

c. Discuss the first step you would take if you had too much credit card debt.

d. Explain the role of debt in today's society.

Reference no: EM131306146

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