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What is an advantage of using cash over credit to make purchases

A-consumers are less likely to lose cash than credit cards
B- using cash allows consumers to buy more expensive items
C- when consumers use cash , they are spending someone else's money
D-consumers using cash dont have to pay back money

2 Answers

2 votes

The answer is D- consumers using cash don't have to pay back money


answered
User Matt Fitzmaurice
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7.9k points
4 votes

The correct option is D

Buy in cash, is to make an action that will include money that a person has available, that is, regardless of the product that is going to buy or its quantity, the person who makes the transaction has the money to take it forward, however make a purchase with credit or use the credit to request money, is an activity that includes the return of the capital, plus the interest to make use of it. Depending on the type of credit and the economic situation, the credit rate may or may not be convenient.

answered
User Joanna Derks
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8.1k points

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