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Essay heading: Use of Credit in the U.S.
Essay specific features
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Social Issues |
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| Date added: |
September 21, 2002 |
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| No of pages / words: |
2 / 509 |
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0 times |
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Essay content:
This type of spending creates debt and has a bad effect on your credit report. Consumers must learn to control this type of spending and manage their debt properly in order to keep a good credit report and stay ahead of their payments.
Another example of a purchase that credit may be used for is non-durable... displayed 300 characters
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These types of purchases include food and services. Many college students use credit on this "pizza and beer" type spending. It's a much more convenient way to pay for such purchases with the slide card method. Overspending is a real danger in this area. Many consumers will quickly over extend their spending and find themselves in large amounts of debt for purchases that are non-durable... displayed next 300 characters
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