Which one of the following is a disadvantage of using credit?
A) Receiving advance notice of sales
B) Ease of overspending
C) Avoiding the necessity of carrying cash
D) Ease of returning merchandise
E) Having a record of all purchases

Question

Quizplus · Accepted Answer

The ease of overspending is a disadvantage of using credit because it can lead to accumulating debt and paying interest on the balance, which can be costly in the long run. The other options listed are advantages of using credit.

Which One of the Following Is a Disadvantage of Using