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Which of the following is not an advantage to using credit? a. not having to carry cash b. being able to pay for emergencies c. having goods and services while paying for them later d. can cost more than paying cash e. All of the above statements are advantages to using credit.

Respuesta :

Answer:

The correct option is D

Explanation:

When using credit you have to pay interest when paying back the loan which is a measure disadvantage as the interest will be compounding overtime, so thats when the advantage of cash comes in

Statement that  does not describes advantage of using credit as regards this question is : D :can cost more than paying cash.

  • Credit can be regarded as powerful tool that can bring about improvement to our finances life.

  • It can enable us to access better financial products, as well as  saving of our money on interest and we don't need to carry cash along all the time.

Therefore, option D is correct.

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