A disadvantage of using a credit card is that:
A)it is riskier than carrying cash because losing the card can cause the credit card issuer to file a case against the cardholder.
B)it makes it difficult for the credit card users to track their expenditures.
C)it makes it hard for some people to maintain financial discipline.
D)many retailers do not offer warranty for products purchased with credit cards.

Question

Quizplus · Accepted Answer

Using a credit card can make it tempting for people to overspend and accumulate debt, which can result in the inability to maintain financial discipline. This can have long-term consequences, such as damage to credit scores and difficulty obtaining loans in the future. Additionally, if the card is not used responsibly, it can lead to high interest charges and fees.

A Disadvantage of Using a Credit Card Is That