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If you use credit what are you creating A line of credit B debt C Collateral D a default

If you use credit what are you creating A line of credit B debt C Collateral D a default
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2 votes
If you use credit what are you creating

A line of credit
B debt
C Collateral
D a default

User Shivam Bhusri
by
8.8k points

2 Answers

1 vote

Answer:

B

Step-by-step explanation:

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User Maow
by
8.3k points
1 vote
B is the correct answer. When you spend money on a credit card you are creating a debt because you are spending money you don't actually have at that point in time.
User Silent User
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8.2k points
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