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What was true about both credit and layaway plans?

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6 votes

Answer:

They made it easier for the consumers to spend money

Step-by-step explanation:

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User Grisha Weintraub
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They made it easier for consumers to spend money.
layaway plan is when a customer pay for an item progressively and is only allowed to collect the product or item after the finish paying for it. on the other hand,credit is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future, generally with interest.

User Bryce Easley
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