Question

Lenders always accept applications for credit

true or false

Credit tends to cost individuals more than paying in cash.
True or False

Credit cards all use the same interest and finance charges.
True or False

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
False

Answer 1

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.