Personal Credit Cards Have Proven to Be a Source of Financing

Personal credit cards have proven to be a source of financing for startup firms for all of the following reasons except :

A) credit card debt is not based on the firm's ability to repay, but rather the individual cardholder's ability to repay
B) teaser rates afford initial low cost borrowing
C) balance transfers occur at below-prime rates
D) credit card debt can create problems if the firm doesn't generate cash flows to cover credit card payments once low introductory rates expire