menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Financial Planning Study Set 1
  4. Exam
    Exam 6: Using Credit
  5. Question
    A Good Rule to Remember When Considering the Use of Credit
Solved

A Good Rule to Remember When Considering the Use of Credit

Question 85

Question 85

True/False

A good rule to remember when considering the use of credit is that the product purchased on credit should outlive the amount of time it takes to pay it off.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q80: Jacki (a single taxpayer in the 28%

Q81: Credit reports on individual borrowers are issued

Q82: Using more than 20 percent of one's

Q83: For a fee,credit bureaus can provide credit

Q84: Choose the word or phrase in [

Q86: Lindsey has a job with monthly take-home

Q87: The Wage Earner Plan requires debtors to

Q88: The most common forms of open account

Q89: Choose the word or phrase in [

Q90: Interest rates on credit cards tend to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines