Daily Archives 21.06.2019

Consumer credit is a loan granted directly to citizens (households) for the purchase of consumer goods. Such a loan is taken not only for the purchase of durable goods (apartments, furniture, cars, etc.), but http://usapaydayloans.info/tennessee/cookeville/ also for other purchases (mobile phones, household appliances, food). It is valid either in the form of sale of goods with deferred payment, or in the form of a Bank loan for consumer purposes, including credit cards. At the same time, a rather high percentage is imposed. Typically, consumer credit is accompanied by additional fees and charges that increase the actual cost of the loan and create a so-called hidden interest rate...