Question

Which of the outlines a danger of using credit, if you are not careful?

A) When you use a credit card, the money is taken directly from your bank account.
B) If you use a debit card, it is easy to run up huge debts.
C) When you use a debit card, you do not have to pay sales tax.
D) If you use a credit card, it is easy to run up huge debts.

Answer 1

Answer: D) If you use a credit card, it is easy to run up huge debts.

Explanation: Option D) "If you use a credit card, it is easy to run up huge debts" highlights the risk of utilizing credit if you are not attentive. If you use credit cards to borrow money, you must repay it with interest, and if you are not careful with your spending, you risk building up a sizable debt that may be challenging to repay. It is vital to use credit responsibly and only borrow what you can afford to pay back in a timely way.

Answer 2

The danger of using credit, if you are not careful, is outlined in option D) "If you use a credit card, it is easy to run up huge debts." Credit cards allow you to borrow money that you will need to pay back with interest, and if you are not careful with your spending, you may end up accumulating a large amount of debt that can be difficult to pay back. It is important to use credit responsibly and only borrow what you can afford to pay back in a timely manner.