A significant advantage to a consumer of a credit card system in comparison to a debit card system is _____.
A)the delayed payment benefit
B)higher security
C)tightened privacy
D)lower cost

Question

Quizplus · Accepted Answer

The delayed payment benefit of a credit card system allows consumers to make purchases and delay payment until the end of the billing cycle. This can help with cash flow management and give consumers more time to pay for their purchases. Debit cards, on the other hand, immediately withdraw funds from the consumer's account, meaning they must have the funds available at the time of purchase.

A Significant Advantage to a Consumer of a Credit Card