Which of the following statements explains why using a credit card is similar to taking out a loan?

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asked Mar 2, 2022 158k views

2 Answers

Jinu · Answer 1 · 2022-03-07T06:44:46+0000

Sorry this answer has taken this long to reach you, but the correct answer is the bottom right one: "When using loans and credit cards, the amount of money paid back is usually more than the amount borrowed."

Which of the following statements explains why using a credit card is similar to taking out a loan?

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