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What are the disadvantages advantages of granting credit to consumers?
Wiki User
∙ 15y ago
Advantage : people can buy on credit n do their business by granting from financial instituionals n their by thus economy of a country rises n standard of people too. Disadvantage : as country's economy rises their will be price rise in every field n thus this all factors helps to push inflation . INFLATION is the main disadvantage.
Wiki User
∙ 15y ago
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What are Advantages and disadvantages of a business granting credit to consumers?
it develop a good relationship between customer and seller. also increased the sale's volume. than the profit margine of an organization increased...
What is the advantages and disadvantages of credit policy?
advantages of credit policy
Do the advantages of credit outweight the disadvantages of credit?
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
What are the advantages and disadvantages of credit card?
The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.
What are the Advantages and disadvantages of cash Credit?
you can only imagin the answers
What are Advantages and disadvantages of a business granting credit to consumers?
it develop a good relationship between customer and seller. also increased the sale's volume. than the profit margine of an organization increased...
What is the advantages and disadvantages of credit policy?
advantages of credit policy
Do the advantages of credit outweight the disadvantages of credit?
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
What are advantages of the national credit act?
the advantages of the consumers in the national credit act
What are the advantages and disadvantages of credit card?
The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.
What are Advantages and disadvantages of informal credit?
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What are the advantages and disadvantages of card?
The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.
What are the Advantages and disadvantages of cash Credit?
you can only imagin the answers
What are some Consumer Credit Advantages for Consumers?
There are many consumer credit advantages for consumers. Some of the pros include convenience, allows for large purchases and comes in handy in case of emergencies among others.
What are the disadvantages and advantages of HDFC corporate credit cards?
There are a number of advantages and disadvantages which HDFC credit cards can give a person. In order to find out more, you may need to talk to your credit card company or to a person who knows more about this topic.
What is the function of credit reporting agencies?
Credit reporting agencies keep files of information on all consumers who have made credit transactions at some point in their lives. Credit granting institutions may purchase these files
What are disadvantages of national credit act to a consumer?
The National Credit Act is in place to protect consumers by promoting a fair and accessible marketplace for consumer products and getting rid of unfair trade practices to protect consumers. There are no real disadvantages to consumers with the act as it covers transactions including loans, goods, and services.
