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What Is Consumer Credit?

Consumer debt is also called as consumer credit. Credit extended to consumers for the acquisition of goods and services…

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What is a Creditworthiness?

Creditworthiness is the method by which a lender determines whether you will default on your debt obligations or wheth…

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What Is a Credit Application?

A request for an increase in available credit is known as an application for credit. Applications for credit can be m…

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