Which of the following is not a disadvantage of using credit?
A) Credit may lead to overspending.
B) There are costs associated with credit.
C) When credit is used to purchase an item,your net worth falls by the amount borrowed.
D) You will have less flexibility with future budgets.
Correct Answer:
Verified
Q9: Refer to the information above.Under the adjusted
Q10: Under the Truth in Lending Act,your financial
Q11: Under the Fair Credit Reporting Act (FCRA),if
Q12: Which of the following statements is not
Q13: Credit scores
A)may be reviewed by potential employers
Q15: In receiving a credit application,lenders often look
Q16: A three digit number meant to reflect
Q17: A credit bureau provides
A)a credit report showing
Q18: Which item listed below is probably irrelevant
Q19: Which of the following is generally not
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