Valid reasons for using credit include all of the following except
A)medical emergency
B)acquiring a car to return to the workforce
C)borrowing for a higher education
D)borrow for everyday living expenses
E)buying an item now will cost less than in the future

Question

Quizplus · Accepted Answer

Borrowing for everyday living expenses is not a valid reason to use credit as it can lead to a cycle of debt and financial instability. It is important to have a budget and live within your means to avoid relying on credit for daily expenses.

Valid Reasons for Using Credit Include All of the Following