Which of the following is a disadvantage of credit cards?
A)Allows for consumption before the purchase is fully paid for
B)Emergency use
C)Allows for online shopping
D)The finance charge that accrues on the account if not paid off in full each month

Question

Quizplus · Accepted Answer

The finance charge that accrues on the account if not paid off in full each month can lead to high interest rates, making it difficult to pay off the balance and potentially leading to debt.

Which of the Following Is a Disadvantage of Credit Cards