The most common form of consumer debt?
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clemente
Apprentice
Joined: 25 Aug 2004
Posts: 1
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 Posted: 06/16/08 - 06:26 Post subject: |
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| Where can I find something more on consumer debt and what is the most common form of this consumer debt? As you can see there is little that I know about this and actually apart from the name you can see that practically all the rest is a blank for me. I hope that you will feel in this blank the best way you can. |
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hunfredo
Apprentice
Joined: 20 Mar 2006
Posts: 5
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| Posted: 07/16/08 - 02:33 Post subject: |
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| The answer t this question of yours depends on what kind of a level are we talking about. I think that in macroeconomic form we are talking about this is a debt that is made by consumption and not by investment. The most common form of this consumer debt is a credit card debt and I think that there is no person alive that haven’t had a chance to see what this is first hand. I am one of the lucky ones and I am talking about this form a pure theoretical aspect. One other common for re payday loans as well. This is all that comes to my mind at this point. |
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