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Essay specific features
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Written by:
Madeline G
Date added:
June 10, 2015
Level:
University
Grade:
A
No of pages / words:
2 / 502
Was viewed:
466 times
Rating of current essay:
Essay content:
With the rise in telemarketing and commercializing in America it is no
wonder why Americans feel the impulse to buy now, pay later. The most common
form of consumer debt is installment debt, which is when a consumer borrows the
money to purchase an item and agrees to repay the loan in equal installments
over a fixed period of time...
displayed 300 characters
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The truth of the matter is that we, as Americans, tend to
want to purchase more than we can afford to purchase when we want it. But, we
can afford to pay it out, over time, in fixed payments.
Mortgages, a debt owed on real property, are the latest form of
installment debt. Other forms include automobile loans and credit card purchases...
displayed 300 characters
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