How would consumer credit be a good thing? what downsides can consumer credit have?

Good: It would allow people to buy now what they might not have money for immediately. If the borrowing is used to invest in generating income or building marketable skills (education) it could more than pay back what is owed.

Down sides: The money must be paid back with interest. Borrowing may encourage people to buy more than they really can afford.

leonardo was the supreme renaissance painter, scientist, inventor, and polymath. da vinci is widely regarded as one of the greatest minds the world has ever produced. he was interested in everything from music to art and science. da vinci was an immense creative force at the start of the renaissance period. amongst his many works was the immortal painting – the mona lisa.

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