Using a credit card can best be likened to
A) a barter exchange.
B) writing a check on your demand deposit account.
C) taking out a loan.
D) using any other form of money because you immediately get to take the goods home.

Question

Quizplus · Accepted Answer

Using a credit card is similar to taking out a loan because you are borrowing money from the credit card issuer to make a purchase, which you will need to pay back later, often with interest.

Using a Credit Card Can Best Be Likened to