Question

Grant has avoided applying for credit cards or taking loans. He only uses his savings to pay for purchases. What is the most likely result of his choice?

He will not be able to buy a house or car.
He will not have any debt to pay back.
He will not be able to buy expensive things.
He will not have any money for emergencies.

Answer 1

Hey there!

The first option or Choice A is the best answer.
You have to have credit to buy a car or a house.

Hope this helps, let me know if you need anything else!

Answer 2

B. He will not have any debt to pay back

Step-by-step explanation:

If he doesn't take any loans he will not have to pay back the loans, therefore he has no debt