An advantage of a retailer-generated credit card is _____.
A)no bad debt or slow-payment problems
B)no need for credit checks
C)low startup costs
D)the encouragement of store loyalty

Question

Quizplus · Accepted Answer

Retailer-generated credit cards often come with rewards and benefits for frequent customers, which can encourage store loyalty. While there may still be credit checks and potential for bad debt, the focus is on cultivating a relationship with the customer through the card. Startup costs may vary, so C is not necessarily true, and A and B are not always the case with retailer-generated credit cards.

An Advantage of a Retailer-Generated Credit Card Is _____