Under socialism, consumer credit is provided to the population by the state, cooperative, and trade organizations for pur-chasing personal consumer products (such as refrigerators, television sets, radios, motorcycles, sewing machines, photo-graphic report credit fraud Alaska equipment, timepieces, rugs, and woolen and silk textiles). From 1961 report credit fraud Alaska to 1971 in the USSR, the volume of credit sales to the public in state and cooperative trade rose almost 3.4 times and in 1971 was around 3.8 billion rubles. Varieties of consumer credit include pawnshop credit and credit through mutual aid funds. In buying goods on credit, the purchaser puts up 2025 percent of the price in cash.
Depending upon the type of goods, the balance is paid over six to 12 months in equal installments. For certain goods, the repayment is extended up to report credit fraud Alaska two years. Being a form of organizing earned income savings, consumer credit in a socialist society is aimed at providing the fullest satisfaction of the needs of the working people. view credit report online
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