CONSUMER CREDIT AND LEVERAGING

Consumer Credit and Leveraging



Consumer Credit and Leveraging

Introduction

The causes we as Americans buy on borrowing varies, but without it most of us would likely never be able to buy necessities such as a dwelling or automobile. The nation'seconomy counts on borrowing, the pledge to pay later for items and services utilised today;but along with buyer credit arrives buyer debt. With the increase in telemarketing and commercializing in America it is no wonder why Americans seem the impulse to buy now,pay later. The most common form of consumer debt is installment debt, which is when aconsumer borrows the ...