Even despite it deserve to tempt some civilization to spend beyond their means, customer credit offers flexibility in safety and, sometimes, perks and rewards.

You are watching: Consumer credit has very few advantages and is best avoided at all times.

Consumer credit enables people to purchase goods and services immediately and repay the prices over time. A credit card is one form of consumer credit.

It´s specifically useful in an emergency, and even more, since America is gradually coming to be a cashless country in which people normally usage credit for any kind of purchase.


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False

Explanation:

Credit can permit you to make investments the earn money such together a home or a college education. It have the right to also permit you come take advantage of good prices on things that you require such together a auto or laptop. While there room disadvantages to credit, and also you have to be mindful when making use of it, there space many benefits as well.


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