Question

Higher fees are generally associated with using credit instead of cash.
True or false

Answer 1

Second, cash ensures you can only spend what you have, so you never pay interest or late fees on your purchases.

Step-by-step explanation:

Answer 2

True.

Step-by-step explanation:

In general, merchants and service providers often charge higher fees for purchases made with credit cards compared to purchases made with cash. This is because the merchant or service provider must pay a fee to the credit card company for processing the transaction. These fees can vary depending on the type of credit card and the merchant's agreement with the credit card company, but they are typically passed on to the consumer in the form of higher prices for goods and services.