In comparing credit cards to other forms of credit, which of the following is false?
A) Credit cards are generally the most expensive form of credit.
B) You should pay the most expensive debt off first.
C) Credit cards can be viewed as a source of income.
D) A home equity loan can be used to consolidate credit card and other debt.

Question

Quizplus · Accepted Answer

Credit cards should not be viewed as a source of income. They are a form of borrowing and can lead to debt if not managed properly. Viewing them as income can encourage overspending and financial instability.

In Comparing Credit Cards to Other Forms of Credit, Which