what are disadvantages of consumer credit

Answers

Answer 1

Answer:

The main disadvantage of using revolving consumer credit is the cost to consumers who fail to pay off their entire balances every month and continue to accrue additional interest charges from month to month

Explanation:

Answer 2

Consumer credit's main drawback is that it can be expensive, including possible fees and interest charges.

What is consumer credit?

A consumer credit system enables borrowers to borrow money or take on debt and postpone repayment of that obligation over time. Most frequently linked to loans and credit cards.

Consumer credit has drawbacks like unmanageable debt and finance fees. The cost of consumer credit is what consumers spend when they don't pay off their entire bill each month and continue to incur more interest fees every month.

Hence, the significance of the consumer credit is aforementioned.

Learn more about on consumer credit, here:

https://brainly.com/question/17237024

#SPJ2


Related Questions

A teacher or staff member who oversees a club or organization is called: A. an intern. B. a club adviser. C. a club leader. D. a club volunteer.

Don´t answer if you don´t know

Answers

B, an adivisor is someone who oversees or watches a group, person, or event
The answer for this i B, a club adviser.

I WILL GIVE BRAINLY!! 20 POINTS!! Which career worker installs, maintains, and repairs equipment used for communication? !!Select all that apply.!!
A) Printing Technology
B) Printing Press Operator
C) Electronic Home Entertainment Equipment Installer
D) Journalism and Broadcasting
E) Telecommunications

Answers

Answer:

C) Electronic Home Entertainment Equipment Installer

Explanation:

Answer:

B), C), D), E)

Explanation:

They are all for communication purpose unlike the others.

I was thinking about converting a shed into a livable place
About how much would it cost to add the light, running water, etc...?
- 10,171.21 would cost just the shed

--------------------------------------
I left some pictures of how it would kind of look like

I was thinking about converting a shed into a livable placeAbout how much would it cost to add the light,
I was thinking about converting a shed into a livable placeAbout how much would it cost to add the light,
I was thinking about converting a shed into a livable placeAbout how much would it cost to add the light,
I was thinking about converting a shed into a livable placeAbout how much would it cost to add the light,

Answers

I would think 78,956 because you have to think about what you would put in there like water heaters and septic and water pipes you really have to think about for electricity all kinds of stuff would drive the bill more, and more

Like 70,000 to 80,000 most likely

PLEASE HELPPP
100 points

PLEASE HELPPP100 points
PLEASE HELPPP100 points
PLEASE HELPPP100 points
PLEASE HELPPP100 points

Answers

it says 50 points sooo‍♂️
The pictures isn’t really clear I can’t see the questions can you type the question in so we can help or take a good picture and I will help you .
So sorry

URGENT!!
8 points and Brainliest
Someone who knows Journalism
PLEASE ANSWER !!!!

URGENT!!8 points and Brainliest Someone who knows JournalismPLEASE ANSWER !!!!

Answers

Answer:

Who: The superintendent of schools, Mark Smith, and the English teachers at the city's high school and junior high school.

What: The controversy over "The Catcher in the Rye," a book written by J.D. Salinger, being required reading for students in English classes.

Where: The city's high school and junior high school.

When: The controversy was reported last week and the superintendent announced his decision today.

Why: The book was criticized for its use of profanity and encouragement of rebellion, leading some parents to call for it to be banned from the curriculum.

How: The superintendent decided to allow the book to be required reading in high school English classes, but not in junior high school classes. High school teachers who assign the book will be responsible for assisting students in understanding the characters and themes. The book will remain available in the libraries for students who choose to read it voluntarily.

Answer:

Journalism is the activity of gathering, assessing, creating, and presenting news and information. It is the process of collecting information about current events, verifying that information, and presenting it to the public in a way that is accurate, fair, and unbiased.

Journalism can be done in a variety of formats, including print, television, radio, and the internet. It can also be done in a variety of styles, from objective reporting to opinion pieces.

The goal of journalism is to inform the public about important events and issues. Journalists do this by providing accurate and timely information, by holding those in power accountable, and by shining a light on important stories that might otherwise go unnoticed.

There are many different types of journalism, including:

Hard news: This type of journalism focuses on reporting on current events, such as political news, business news, and crime news.

Feature stories: These stories are longer and more in-depth than hard news stories. They often focus on a particular person, place, or event.

Investigative journalism: This type of journalism involves digging deep into a story to uncover hidden truths. Investigative journalists often use public records, interviews, and other sources to uncover wrongdoing.

Opinion journalism: This type of journalism involves expressing the writer's opinion on a particular issue. Opinion journalists often use their platform to advocate for change.

Journalism is an important part of a free and democratic society. It helps to keep the public informed about what is happening in the world, and it helps to hold those in power accountable. Journalism is also a powerful tool for social change. By shining a light on important stories, journalists can help to raise awareness of issues and inspire people to take action.

In-depth journalism is a type of journalism that goes beyond the surface of a story. It provides more context and detail, and it often explores the root causes of an issue. In-depth journalism can be a powerful tool for understanding the world around us, and it can help to make informed decisions.

There are many different ways to do in-depth journalism. One way is to conduct interviews with experts and witnesses. Another way is to analyze data and statistics. In-depth journalism can also involve travel and research.

In-depth journalism is not always easy. It can be time-consuming and challenging. However, it is also a rewarding experience. When done well, in-depth journalism can make a real difference in the world.

Explanation:

how does the mini toolbar save you time

Answers

Answer:

it wastes time for me

Explanation:

Answer:

It saves u time because a big one is heavy and makes ur hand tired fast

Explanation:

this is for career planing and skill development : What is the key to personal fulfillment in your job?
A. sacrificing your beliefs for greater benefits
B. pursuing new job opportunities at all times
C. finding a balance between lifestyle and values
D. avoiding jobs with low salaries and long hours

Answers

Since it is asking about personal fulfillment I would say C.
I believe the answer is C

URGENT!!!
10 points and Brainliest!!
Answer question 1
Subject : Journalism

URGENT!!!10 points and Brainliest!!Answer question 1 Subject : Journalism

Answers

Answer:

The 5 W's and 1 H are who, what, why, when, where and how.

Explanation:
Journalists want to find information by having the audience answer these 6 questions.

(I hope this helps)

The 5Ws used in ELA and H is How

Introduction and thesis
Opposing and qualifying ideas
Strong evidence in support of claim
Style and tone of language
A compelling conclusion
Creating an Introduction and Thesis
The argumentative essay begins with an engaging introduction that presents the general topic. The thesis typically appears somewhere in the introduction and states the writer’s point of view.

A Tip: Avoid forming a thesis based on a negative claim. For example, “The hourly minimum wage is not high enough for the average worker to live on.” This is probably a true statement, but arguments should make a positive case that affirms something. Instead of arguing something “is not…”, an argument essay is stronger when it asserts something “is…” Returning to the example above, a stronger thesis could focus on how the hourly wage is low or insufficient.
Acknowledging Opposing Ideas and Limits to Your Argument
Because an argument implies differing points of view on the subject, you must be sure to acknowledge those opposing ideas. Avoiding ideas that conflict with your own gives the reader the impression that you may be uncertain, fearful, or unaware of opposing ideas. Thus it is essential that you not only address counterarguments but also do so respectfully.

Try to address opposing arguments earlier rather than later in your essay. Rhetorically speaking, ordering your positive arguments last allows you to better address ideas that conflict with your own, so you can spend the rest of the essay countering those arguments. This way, you leave your reader thinking about your argument rather than someone else’s. You have the last word.

Acknowledging points of view different from your own also has the effect of fostering more credibility between you and the audience. They know from the outset that you are aware of opposing ideas and that you are not afraid to give them space.

It is also helpful to establish the limits of your argument and what you are trying to accomplish. In effect, you are conceding early on that your argument is not the ultimate authority on a given topic. Such humility can go a long way toward earning credibility and trust with an audience. Audience members will know from the beginning that you are a reasonable writer, and audience members will trust your argument as a result. For example, in the following concessionary statement, the writer advocates for stricter gun control laws, but she admits it will not solve all of our problems with crime:

Answers

Answer:

Thank you for the tips! Great essay you did there!

Explanation:

PLEASE HELP!! 30 POINTS! Mr. Sanderson works for a chain of clothing stores. He gathers information so he can figure out the best way to organize the store to encourage sales of expensive items. What is Mr. Sanderson’s job title MOST likely to be?

Answers

Answer:

Okay

Explanation:

Depending on the chain and where he works he is prob a retalier store manger. hope this helps

That would be the franchise manager! Hope this helps!!

Imagine a friend asked you what drumming is like in Africa. Explain different ways drums are used in African tribes.

Once you explain African drumming culture, tell your friend why keeping a steady beat is important. Also, what can be challenging about keeping a steady beat?

Answers

Answer: Drums play an important role in every aspect of African life, including the physical, emotional and spiritual. African hand drums are played to communicate, celebrate, mourn and inspire. They're played in times of peace and war, planting and harvesting, birth and death.

Explanation: why is drumming important to African culture?

You may have seen African drumming either in drum circles, street performers, or on television. If you thought that looked like something you'd like to try, then this is the lesson for you! Drumming is one of the oldest forms of music, allowing you to make a drum out of any surface you can strike with your hand or with another object - even your own chest. Let's look at some of the most commonly known drums from Africa, then learn a little about how to use them. Don't worry, you won't need to own a drum just yet. You can use a tabletop, your desk, or even a cardboard box to get started.

#SPJ1

Tasha is a court reporter for a federal district judge. Her job is to type every word that is stated on the record during a federal trial. The pathway in the Law, Public Safety, and Security cluster that Tasha’s job belongs in is:
1) Security and protective services
2) Legal Services
3) Emergency and fire management Services
4) Correction Services

Answers

Answer:

legal services

Explanation:

The answer would be 2: Legal Services

I have ADHD where it is very hard for me to focus and concentrate on this assignment. I need of help asap please help

I have ADHD where it is very hard for me to focus and concentrate on this assignment. I need of help
I have ADHD where it is very hard for me to focus and concentrate on this assignment. I need of help

Answers

Answer:

Currency: something that is circulated in exchange for something else.

Interest: Money or a currency paid at a certain rate for a certain amount of time.

Money supply: the total of all the money (in bank accounts and mutual funds) in an economy of a country at a certain day, time, and year.

Profit: a financial gain of money or something else

Stock: Goods kept at a business place or warehouse that people can exchange for currency

1. Banks seek profit by what banks call spread. Spread is the difference between interest rate on deposits, that they pay, and the money they make from interest rates on loans other people buy from them.

2. People use banks for financial safety, easy access to funds, and savings from check-cashing fees. For example, if there was a fire in someone's house, and all their money was there, they would be ruined and be poor. But if they keep their money in a bank, then it would be safe.

3. A business owner might want to use a bank because banks provide business-specific financial services that help business owners manage their money. For example, banks can have certain packages or deals that can help owners of businesses save money and manage it.

4. The Federal Reserve is the main bank of the US, and supports the US and it's economy.

5. Changes in economy affect businesses and people because it changes the amount of money they make or have to spend.

6. Banking affects money supply by increasing it. When they loan money out, it increases the amount in the economy at that time.

7. If banking didn't exist, it would be hard for lots of people to store money and buy things. In addition, it would mean lots of people would have to be really careful with their money because it's impossible to take out a loan to buy something expensive, like a car or house.

Answer:

Currency- A procedure of finances used by several different countries.

Interest- The amount of money owned at a rate.
Money Supply- The manufacturing of cash, credit, debit, and other forms of money

Profit- An amount of money you earn after buying or selling items

Stock- The number of items that are available for sale

1.  They earn profit by interest, and from other companies' shares.

2. An individual might want to use a bank to save money or valuable items in a safe environment.  An example is when an individual stores gold in their locker to keep it safe.
3. A business might want to use a bank because they can credibly take account of their profit and money.

4. The Federal Reserve is the central banking system in the U.S. The Federal Reserve preserves a certain amount of money, that the nation will hold. Only under grave circumstances or for important foreign, on national affairs will that money be used.

Explanation:

BRAINLIEST! 100 points! How does organizational structure affect communication? Provide an example of how a sales associate might communicate an idea for a new promotion to the company's marketing department. PLEASE ANSWER SECOND PART OF QUESTION!!! I REALLY NEED THAT PART. NO COPYING FROM OTHER BRAINLY ANSWERS.

Answers

These communication channels created by the organizational structure are a serve specific function through downward and upward and lateral communication. This itself, the organization's structure must facilitate this effective flow of communication.

Explanation:

Answer:

These communication channels created by the organizational structure are a serve specific function through downward and upward and lateral communication. This itself, the organization's structure must facilitate this effective flow of communication.

PLEASE HELP MEEEE!!! WILL GIVE BRAINLIEST!!!

How do I creatively inform and advertise about a product?

Answers

Answer: advertise a product where?

Explanation:

Answer:

Down below

Explanation:

Since I don't really understand what a glyphometer is, the best way I can think of is to copy a picture of any of the characters in owl house and paste them in. Then, make a speech bubble above their head explaining what the glyphometer is. If you want to go above and beyond, make a conversation between two characters and gave one character explain about the object while the other acts like an interested customer. Sorry if this is too bland. This is the best thing I could think of for this. I honestly don't know what it is, so that makes it difficult to come up with ideas.

Which of the following is the best way to write a salutation in a cover letter addressed to Mr. Ravi Patel, Human Resources Manager, ABC Company?
a.
Dear Sir:
b.
To Whom It May Concern:
c.
Dear Mr. Patel:
d.
Gentlemen:

Answers

Answer is A
I had it in a quiz and it was right

After saying "Hello" or "Dear," use their first and last name. An easy salutation uses the hiring manager's complete name with a "Dear" . Hence option A is correct .

What is the important of salutation in a cover letter ?

The formal greeting is Dear [title], followed by the last name. It's a good idea to use Dear [First and last name] or Dear [First name] if you're unclear about the person's pronouns. Use Hello or Greetings if you are unsure of the recipient's name.  An easy salutation uses the hiring manager's complete name with a "Dear"

It's crucial to start your cover letter or email when applying for a job with the right salutation to establish the tone for the rest of the communication  your letter, which has to be appropriate and well written. When reading your cover letter, the recipient will first notice the greeting.

Learn more about salutation here

https://brainly.com/question/4052967

# SPJ 6

how do i find a license plat if i don't know it

Answers

Answer:

Licence Plate lookup

Explanation:

by using the online vehicle record request tool or by visiting the State Department of Motor Vehicles (DMV) locations if you intend to obtain information about another person's vehicle.

Using your current knowledge about scholarships, grants, and loans, let's review some helpful websites that will assist you on your path toward paying for your college degree.
4.1.5Practice: Helpful Resources

Using your current knowledge about scholarships, grants, and loans, let's review some helpful websites
Using your current knowledge about scholarships, grants, and loans, let's review some helpful websites

Answers

Answer:

Asking the director or principal

Counselor , teacher

I'll give you 50pts if you convert $69420 into euros for me. Thanks!

Answers

Answer:

66,890.34 Euro

brainliest plsss

I think that would be 66,822.68 Euros

Maria has a party that is 1 hour away and 35 minutes away. The party starts at 10.00 am. It took her an extra 25 minutes to get there. What time did she leave to get there in time?

Answers

Answer:

8:00 Am

Explanation:

10:00- 1 hour = 9:00 am

9:00 - 35 minutes = 8:25

8:25-25= 8:00

At 12:10 she came poor girl

I NEED HELP STAT!! The answers that I look up are wrong, help me please or I’ll have a bad grade In my Career class!! 20 Points!!!!
According to O*NET, what is the projected growth for this career over the next ten years?
average
decline
little to no change
slower than average

Answers

Answer:

According to O*NET, the projected growth for the career of a Software Engineer over the next ten years is much faster than average.

Explanation:

The Bureau of Labor Statistics projects that employment of software developers will grow 22% from 2020 to 2030, much faster than the average for all occupations. This growth will be driven by the increasing demand for software in a variety of industries, including healthcare, finance, and manufacturing. Software engineers are responsible for designing, developing, testing, and maintaining software applications. They use their knowledge of computer science and engineering principles to create software that meets the needs of their clients. Software engineers typically have a bachelor's degree in computer science or a related field. They may also have experience in a specific programming language or software development platform.

Here are some of the reasons why the growth of software engineers is projected to be much faster than average:

The increasing demand for software in a variety of industries.

The need for software to be more complex and sophisticated.

The need for software to be more secure and reliable.

The need for software to be more user-friendly.

The need for software to be more mobile-friendly.

The need for software to be more cloud-based.

Answer:

The projected growth for the career of a Software Engineer over the next ten years is much faster than average.

Explanation:

The Bureau of Labor Statistics projects that employment of software developers will grow 22% from 2020 to 2030, much faster than the average for all occupations.
This growth will be driven by the increasing demand for software in a variety of industries, including healthcare, finance, and manufacturing. Software engineers are responsible for designing, developing, testing, and maintaining software applications.
They use their knowledge of computer science and engineering principles to create software that meets the needs of their clients. Software engineers typically have a bachelor's degree in computer science or a related field.
They may also have experience in a specific programming language or software development platform.  Here are some of the reasons why the growth of software engineers is projected to be much faster than average:  The increasing demand for software in a variety of industries.  The need for software to be more complex and sophisticated.  The need for software to be more secure and reliable.
The need for software to be more user-friendly.  The need for software to be more mobile-friendly.  The need for software to be more cloud-based.

Based on this module, what option would you choose to prepare your taxes? Why? What is one advantage and one disadvantage to using this option to file your tax return?

Answers

Answer:

1.1099 form to prepare my taxes

2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.

3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage

Explanation:

1.Based on the module the option I would choose to prepare my taxes is that I will use the 1099 FORM TO PREPARE MY TAXES, reason been that it will gives me an option on telling either the government or IRS of the amount of money I spent in the year.

2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.

The second ADVANTAGE with the 1099 is that I will definitely get to write an approximate of the amount of money I wasted and the amount of money I needed to get back from the IRS.

3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage.

Second DISADVANTAGE is that in a situation where the information I wrote in that form is wrong the IRS will either give me a penalty or charge me more Amount of money.

how many holes does a girl have?
A. 9
B. 10
C. 2
D. 11

Answers

Answer:

10 holes

Explanation:

Answer:

B.10 (if you count the nose as 2 holes)

Explanation:

2 for the eyes

2 for the ears

1 for the mouth

2 for the nostrils of the nose

1 for the u hole

1 for the v hole

1 for the b hole

Add them up and you got 10! Still don't know why the question though...

Please answer asap NO LINK PLS
Why do you need to be honest working with the National security pathway?
Why do you need to be Trustworthiness with the National security pathway?
Why do you need to be Reliability with the National security pathway?

Answers

Thanks you for helping me with the link
bc it’s government dhdh

5 interview questions
Please help, Thank you!

5 interview questions Please help, Thank you!

Answers

Explanation:

Tell about yourself

What makes you unique.

Why do u want to work here.

What motivates u

Answer: "How did you get started with what you do?" "Would you recommend your career path to others?" "Where did you grow up?" "How did you get to where you are now?" "What advice do you have for people trying to pursue a similar career?"

What are five differences between judges and a person for the jury? :)

Answers

a judge detects commands on what he or she wants you do with the person on the other side
A judge is 1 person while a jury is more then 3,a judge says the final answer,a jury makes the final decision

You work in the customer service department at Target. Your co-worker informs
you that you had a message from a customer. He says, “A customer called you
while you were on your lunch break. He is angry and wants a refund. The number
he left was 555-555-5555.”

1) Was your co-worker clear with his communication?
2) What was he vague or unclear about?
3) Before he walks away from your desk, what questions would you ask him in order
obtain a clearer picture before responding back to the customer?

Answers

Yes his co worker was clear but he didn’t say why the customer was angry or what the customers name was but he had stated when he called and why he called and where to get a hold of him.

A question you would ask him would be either
“Why was he angry and why does he want a refund?”
Or
“What was the customers name?”

Answer:

He was kinda clear. The missing information was why he was angry, his name and the costumers name. Those are the questions I would ask him.

Explanation:

What Are Brainly Points Used For?

Hope Your Having A Great Day

What Are Brainly Points Used For?Hope Your Having A Great Day

Answers

Brainly points are used to ask questions, the only way you can ask a question is by helping other people. (getting points.)
yeah basically what the top answer says, they’re used to ask questions. You can answer questions to earn points or ask a question by using your points. Hope this helped

Why might a sole proprietor take on a partner instead of hiring an employee?

Answers

Answer:

Please see answer below.

Explanation:

As in the above case, a sole proprietor might decided to take on a partner instead of hiring an employee if he or she is considering business expansion or aiming to add other business which is not his or her field hence requires a partner.

Employing people in the above situation might not be a good decision because adding a new line of business requires capital and expertise , all of which will be provided by the new partner because that is his field.

Also, should there be any losses, both the sole proprietor and the partner will share the losses unlike the employee who will not share in the loss should there be any.

Mariah works at a daycare center. She makes $17 per hour and works about 36 hours each week. What type of wages does she earn?

Question 1 options:

Salary


Hourly


Commission

Answers

Answer:

Hourly

Explanation:

Hourly because it says she's paid by the hour.

The answer is Hourly
Other Questions
Starting from rest, a car takes 2.4 s to travel the first 15 m. Assuming a constant acceleration, how long will it take the car to travel the next 15 m? Are "doble" and "sigue" formal commands or informal commands? In your explanation please include what informal/formal commands are. The sum of fifteen and six times a number t is eighty-one. The U.S. became involved in the affairs of these regional powers as a result of doingbusiness in Asia A) Japan and Germany B) Japan and russia C) Russia and Great BritainD) China and Japan Help me I need to pass Which of the following statements is true about the New Deal? A. The New Deal made the economic Depression slightly worse. B. The New Deal did little to change the stagnant economy. C. The New Deal helped the economy to slowly recover. D. The New Deal quickly ended the Great Depression. ANSWER FAST and the reason its yellow is bc i accidentally clicked it. anyway if u answer correctly u get brainliest Who produces more avocados California or Mexico? Use the properties of logarithms to write the logarithm in terms of log5(2) and log5(7).The logarithm is log5(98) Write an equation of the line that passes through (1, 1) and (3, 3). How did the events of the French Revolution impact the development of political parties in the U.S.?A. It strengthened Democratic-Republican control of the courts.B. It allowed a third, pro-French party to gain popularity.C. It further exposed differences between Democratic-Republicans and Federalists.*D. It led to a brief period of agreement between opposing sides. Sketch the graph of the function. Include two full periods, and identify at least three vertical asymptotes. y=-1/2 tan x Read this excerpt from an APA-formatted paper.Imagine a classroom of 20 children, ready for learning. In this class, 12 of them-over half-are considered low-income or poor. According tothe National Center for Children in Poverty, of the 72 million children in the United States, more than 45 million of them are growing up in low-income or poor families. That is 64 percent of children in the richest country in the world living just above or under the poverty line (Jiang et al.,2017, p.1).Identify the answer that is an attributive phrase from this excerpt.O According to the National Center for Children in PovertyO of the 72 million children in the United States, more than 45 million of them are growing up in low-income or poor familiesO (Jiang et al., 2017, p.1)Imagine a classroom of 20 children, ready for learning. What is the perimeter of WXYZ?There are two triangles, triange WXZ and triangle YXZ having a common side XZ. The vertex W and vertex Y are on opposite sides of the side XZ. The length of the side WX is 15 and the length of the side XZ is 11. Angle ZWX is congruent to angle WXZ and all the angles of the triangle YXZ are congruent. write 4200 as a power whose base is e a client who is 20 weeks pregnant takes medication for hyperthyroidism caused by graves disease. which medication adjustment does the nurse anticipate being prescribed for this client? Dilate the figure by a scale factor of 0.5 with the origin as the center of dilation. What are the vertices of the image? Which of the following expression represents the given statement the sum of 15 red balls and 50 yellow balls is greater than 400a. 15r +50y>400b. 15y +50r>400c. 15r +50y (greater than or equal)400d. 400 =15r+50y Use the drop-down menus and the prime factorizations of these numbers to help you complete the statements. Prime factorization of 30: 2 x 3 x 5 Prime factorization of 45: 3 x 3 x 5 The factors 2 and 3 are common to both factorizations. The GCF of 30 and 45 is 3 8 8 12 15 the equation of an ellipse is x^2/100+y^2/36=1.The ellipse is centered at the origin.Find the Vertices Of the major axis and determine whether the ellipse has a horizontal or vertical major axis.