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kumpel [21]
2 years ago
10

Why do consumer advocates advise against using alternative financial services?.

Business
1 answer:
spayn [35]2 years ago
7 0

Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

<h3>What is a financial service?</h3>

It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.

In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

Learn more about financial services on:

brainly.com/question/1357912

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Answer and Explanation:

The journal entry to record the given transaction as follows:

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