Which of the following is an appropriate reason for using credit?
A)To enjoy the grace period of 21 days on new credit card purchases
B)To spend more money than what is possible
C)To take care of the future
D)To achieve financial goals

Question

Which of the following is an appropriate reason for using credit?
A)To enjoy the grace period of 21 days on new credit card purchases 
B)To spend more money than what is possible
C)To take care of the future
D)To achieve financial goals

Quizplus · Accepted Answer

Using a credit card allows you to enjoy a grace period of about 21 days on new purchases, which can be beneficial for managing cash flow without incurring interest, provided the full balance is paid by the due date.

Which of the Following Is an Appropriate Reason for Using