Examlex
When a contract includes an interest rate that exceeds the maximum rate that can be charged,all states will allow interest at the maximum legal rate to be collected.
Psychographic Segmentation
The process of dividing a market into segments based on consumers' personality traits, values, attitudes, interests, or lifestyles.
Time-Consuming
Activities or processes that require a significant amount of time to complete.
Expensive
Describes an item or service that has a high price or costs a lot, often relative to similar items or services.
VALS Framework
A psychographic segmentation tool that classifies consumers based on values, attitudes, and lifestyles to understand consumer behavior better.
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