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Why do people use credit to buy large items like a house? Allows people to buy now and pay back on a schedule Gives them interest when they pay it back Helps lower the cost of the house and the fee for
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Why do people use credit to buy large items like a house?

Allows people to buy now and pay back on a schedule
Gives them interest when they pay it back
Helps lower the cost of the house and the fee for the realtor
Lets them choose the color of each room

User Alexander Nenkov
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Answer: Saving up and paying cash may make it possible to negotiate a better price, or at least better financing terms. Use of credit may make more sense for a larger purchase, especially if it's something that appreciates in value, like a home—or if it means you avoid having to withdraw from a savings or investment account.

Step-by-step explanation:

User Mark Fenech
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