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31 January, 16:47

Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of control? explain why this type of credit requires more careful management.

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  1. 31 January, 17:04
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    What you borrow depends on your credit. And your credit is based on your income.

    If you can not save, do not borrow but you can borrow the money you save over a period of time. Two factors you need to consider before sign a contract are how much you will pay back every month and for how long?
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