Credit has its advantages and disadvantages. Which of the following is false?
A) Credit cards should be used with discipline.
B) You should spend up to the limit on all your credit cards.
C) Cash advances are available through a credit card.
D) Bankruptcy is the worst-case scenario from poor credit management.
Correct Answer:
Verified
Q24: MasterCard and Visa credit cards are not
Q25: Some credit cards offer card users cash
Q26: Cash advances on credit cards normally cost
Q27: Credit cards with tiered interest rates charge
Q28: Some credit card companies will waive the
Q30: Prestige cards may charge higher annual fees,
Q31: MasterCard, Visa, and American Express credit cards
Q32: Creditors are willing to extend credit when
Q33: A credit card whose interest rate changes
Q34: If a credit card has a provision
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