What are the advantages and disadvantages of using credit

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Reference no: EM131306218

1. Types of Credit. Explain the three types of credit. Under what conditions might a consumer find each type useful?

2. Using Credit. What are the advantages and disadvantages of using credit?

3. Credit Rights. The Equal Credit Opportunity Act prohibits creditors from denying credit for what reasons? If you are denied credit, do you have the right to know the reason for the denial?

Reference no: EM131306218

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