jjcb3004 jjcb3004
  • 02-12-2020
  • History
contestada

What were the benefits and drawbacks of buying
on credit?

Respuesta :

gracegertner24
gracegertner24 gracegertner24
  • 02-12-2020

Answer:

1. Easy to overspend. Since you're not using physical money or a checkbook and don't have to pay right away, credit card purchases may not feel quite as expensive when you make them

2. High interest rates

3. Fraud

4.Confusing terms

5.Multiple ways to hurt your credit.

Explanation:

Hope this helped, Have a Wonderful Day/Night!!

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