Multiple Choice
Of the following statements, which is not an advantage of using credit?
A) Using credit wisely creates stability and allows you to establish a favorable credit history.
B) Buying today and paying tomorrow seems ideal, but continual spending can lead to financial problems.
C) Using credit is safe since using charge accounts and credit cards when you shop and travel is safer than carrying large amounts of cash.
D) Credit cards permit the purchase of goods even when cash funds are low.
Correct Answer:

Verified
Correct Answer:
Verified
Q35: Going through documents discarded by your bank
Q36: A(n) _ extends credit by providing a
Q37: Obtaining an annual credit report is free
Q38: _ is a borrowing arrangement in which
Q39: Using e-mail messages that pretend to be
Q41: Of the following statements, which is not
Q42: The safest way to obtain new checks
Q43: The widespread adoption of EMV technology is
Q44: Posing as an employee of a financial
Q45: Very high credit scores are considered anything