Which of the Following Is a Disadvantage of Using Credit

The use of credit allows for the purchase of goods even when funds are low. The card is less convenient than cash D.

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A They are accepted in most businesses with an ID.

. Usually involves going into debt. Which of the following is a disadvantage of using credit. C Slowing of progress toward financial goals.

Higher interest rates than for credit cards. Which of the following is a disadvantage of using credit. It may be difficult to pay the balance each month C.

Using the card frequently hurts ones credit score Answer. Which of the following is a disadvantage of using credit. C Fees and charges may not be what you initially anticipated.

Which of the following is a disadvantage of using credit. A Using credit wisely creates stability and allows you to establish a favorable credit history. Which one of the following is an advantage of using credit.

C They can be used for online purchases. The use of credit can lead to overspending is a. Each of the following is a disadvantage of using credit cards EXCEPT.

Which of the following is a disadvantage of using credit. The correct answer is B. B it is very easy to charge more than you can pay off each month.

Are safer to use than cash or checks since there is a limit on the amount of money that can be lost. Credit cards generally come with interest and other fees that cash does not. Places a claim on future income C.

Can reapply for credit after 30 days. Which of the following is the least appropriate reason for using credit. View the step-by-step solution to.

E The increased satisfaction during present and future income periods. The use of credit can allow you receive advance notice of sales. Each of the following is a disadvantage of using cash EXCEPT.

For an importer which of the following is a disadvantage of using a letter of credit for international transactions. Can purchase things now and pay for them later. Buy the use of credit can lead to overspendC the use of credit allows for the purchase of good even when funds are lowD the use of credit can allow for the easier return of merchandise.

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. B Buying today and paying tomorrow seems ideal but continual spending can lead to financial problems. D The float from using credit.

The fees can become significant. A Ease of returning merchandise B Shopping convenience C Slowing of progress toward. Credit cards can be used to increase your credit score.

Credit cards can be used to increase your credit score. D They can reduce the amount of cash you must carry on a trip. Interest free loan if balance is paid off monthly.

A B C D. Athe use of credit can allow you to receive advance notice of sale. Does not seem like spending real money D.

Slowing of progress toward financial goals is a disadvantage of using credit. 174 Which one of the following is a disadvantage of using credit. A higher interest rate is charged on smaller purchases B.

Which one of the following is a disadvantage of using credit. Credit cards generally come with interest and other fees that cash does not. Which of the following is a disadvantage of using credit.

D All of the above. Credit cards increase the likelihood of impulse buying. Having a record of all purchases.

Credit cards increase the likelihood of impulse buying. You cannot tell if your bank account will become overdrawn. C The increase in total purchasing power.

Avoiding the necessity of carrying cash O Having a record of all purchases O Temptation to overspend Ease of returning merchandise Receiving advance notice of sales If your credit application is denied you. Which of the following is a disadvantage of using a credit card. D Credit cards permit the purchase of.

Should sue the credit rating agency. B Risk of overspending. Log in for more information.

B The convenience offered instead of using cash. A bank issuing a letter of credit on behalf of an importer is obligated to honor the letter of credit regardless of the buyers willingness or ability to pay. The use of credit can lead to overspending.

Which of the following is a disadvantage of using debits cards over credit cards. Credit cards require a good credit rating and responsible credit maintenance. The correct answer is B.

Fees and interest may be charged for the use of credit cards. Perhaps the greatest disadvantage of using credit is A The temptation to overspend. Avoiding the necessity of carrying cash.

What is a disadvantage of using multilayer switches for inter-vlan routing. Which of these people is likely to run into problems when using a credit card. Often involves going into debt B.

14 Which of the following is a disadvantage of using credit cards. Ease of returning merchandise E. A disadvantage of using credit is that it can lead to overspending.

14 A Credit card fraud. The record of the transaction shows up on your bank statement. A Ease of returning merchandise.

Credit cards require a good credit rating and responsible credit maintenance. Receiving advance notice of sales C. Easy to carry and use.

Which of the following is a valid reason for using credit. The use of credit can allow for the easier return of merchandise. Which of the following is a potential disadvantage of using a credit card for day-to-day expenses.

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