Each of the following is a disadvantage of using credit cards EXCEPT: A. often involves going into debt B. places a claim on future income C. does not seem like spending real money D. interest free loan if balance is paid off monthly

Question

13-02-2015
History

Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Each of the following is a disadvantage of using credit cards EXCEPT: A. often involves going into debt B. places a claim on future income C. does not seem like spending real money D. interest free loan if balance is paid off monthly

Sagot :

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.

Which was an advantage George Washington had in his first term as the first president of the United States? A. He chose advisers who all agreed on how to hand

PLEASE HELP I GIVE THANKS

In which quadrant do the x- and y-coordinates of a point have the same signs? Choose all answers that are correct. A. I B. II C. III D. IV

In “Ah, Are You Digging on My Grave?” who is digging on the speaker's grave? A. an enemy B. a relative C. her dog D. her husband

you want to discard your old computer and want to securely erase the data from your hard drive. What can you use to do this and what is the process called

Which verb agrees with its subject? Phineas T. Barnum __________ in Bethel, Connecticut, on July 5, 1810. A. have been born B. are born C. was born D. were born

10. (1) Each autumn, Preswick, a small Midwestern town, presents a Shakespearean play. (2) The play features the talents of many citizens around the town. (3) S

What about wars in Ancient olympics and in modern olympics

the difference between the water levels for high and low tide was 3.6 write and solve an equation to find the water level at high tide

Which personal pronoun correctly completes the sentence? The newest candidate for city council is __________. A. she B. her C. hers

lrathburn lrathburn · Answer 1 · 2015-02-13T20:54:12-05:00

lrathburn lrathburn

13-02-2015

Interest free loan if balance is paid off monthly is the only advantage to using a credit card. The other options are all disadvantages.

Answer Link

michell96 michell96 · Answer 2 · 2019-01-17T16:19:40-05:00

The correct answer is D. Interest-free loan if the balance is paid off monthly

Explanation:

Credit cards are cards that allow people to pay for goods and services without having to pay immediately, but based on a promise of paying the total amount of money plus some charges agreed after a certain time. As other pay systems credit cards have advantages and drawbacks, some drawbacks include the fact that credit cards differ from real money, usually imply the use of a debit card in which you use the money or your bank account to pay for services and the fact that using too much your credit card will have a negative effect on your bank account and income due to the charges. However, if the balance (the amount of money that you own to the bank) is paid off monthly you will be not charged with interest, but if you do not pay, the charges will increase every month. Thus, an advantage of credit cards is that if you pay every month the balance you will avoid the interest loan, which is positive for your bank account.

Sagot :

Other Questions