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What is Advantages of Credit Cards Explained about?
Chapter 4 discusses consumer finance and credit rating, defining consumer finance as the process of granting credit to consumers for purchasing goods through various payment methods. It outlines sources of consumer finance, types of products, and the advantages and disadvantages of consumer finance, including the concept of plastic money. The chapter also covers credit rating, its objectives, functions, advantages, and the credit rating agencies operating in India.
- Author
- Devang Salvi
- Language
- EN