1. THE USE OF CREDIT IN AMERICAN LIVES
... available to consumers at lower prices. Consumer credit can also help launch a new product. An example of this is the sales of personal computers in the 1980's and in the 1990's. Most buyers used some form of credit to pay for their personal computers in the early 1980's. The use of credit made it possible for more people to buy. This brings us to the principle ... local credit reporting agency. These agencies keep records on individual consumers. The credit report provides a history or record of weather you paid as agreed with past creditors. The file tells about income, employment his...
- Word Count: 1369
- Approx Pages: 5
- Has Bibliography
- Grade Level: High School