The credit related problems of individuals or families and the ways in which these problems can be solved. Introduction: Consumer credit refers to the arrangement of consuming goods and service without making any payment for them at the time of purchasing but sometime in the near future. It may include a component of interest if the payment has not been made till some specific time period.

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Chapter 6, Problem 9FPA

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The credit related problems of individuals or families and the ways in which these problems can be solved.

Introduction: Consumer credit refers to the arrangement of consuming goods and service without making any payment for them at the time of purchasing but sometime in the near future. It may include a component of interest if the payment has not been made till some specific time period.

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