Which is a disadvantage of using credit?

Question

asked Feb 28, 2021 116k views

2 Answers

Daniele Longheu · Answer 1 · 2021-02-28T11:47:55+0000

Answer:

High-interest rates if not paid in full by the due date Annual fees for some credit cards can become expensive over the years. Fee charged for late payments

Explanation:

James Kleeh · Answer 2 · 2021-03-05T11:44:03+0000

Answer:

Overspending: Credit cards can make life easier, but they can also make overspending easier as well. ...

Interest and fees: Using credit is essentially borrowing.

Explanation:

Which is a disadvantage of using credit?

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