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What is the advantage of opening a credit card account at a young age?

A. It helps people begin to build a credit history.
B. It helps people begin to accumulate debt.
C. It allows people to take advantage of high interest rates.
D. It allows people to defer their tax payments.

asked
User Ferris
by
8.1k points

2 Answers

6 votes

Answer:

A. It helps people begin to build a credit history.

Explanation:

answered
User Manas Saxena
by
8.1k points
4 votes

Answer:

A. it helps people begin to build credit history.

Step-by-step explanation: It wants to know an ADVANTAGE! B is NOT an advantage. C high interest rates are very bad and make you pay more so its not C. D do i even really have to explain? lol the correct answer is A :)

answered
User Akay
by
8.9k points

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