To answer the following questions:
1. Lenders always accept applications for credit - True
2. Credit tends to cost individuals more than paying in cash. - True
3. Credit cards all use the same interest and finance charges. - True
4. One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it. – True
I am hoping that these answers have satisfied your queries and it will be able to help you.