At the end of 1970, the total debt of US consumers was free credit report online Boston $124 billion. Around 14 percent of the after-tax personal income of the US free credit report online Boston population is spent each year free credit report online Boston to retire consumer loans. The accelerated growth of consumer credit is related to the limited effective demand free credit report online Boston of the population and to chronic difficulties in selling goods under the conditions of modern capitalism. 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 equipment, timepieces, rugs, and woolen and silk free credit report online Boston textiles). From 1961 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. order free credit report Varieties of consumer credit include pawnshop credit and credit through mutual aid funds.
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