Question

What were the benefits and drawbacks of buying
on credit?

Answer 1

1. Easy to overspend. Since you're not using physical money or a checkbook and don't have to pay right away, credit card purchases may not feel quite as expensive when you make them

2. High interest rates

3. Fraud

4.Confusing terms

5.Multiple ways to hurt your credit.

Step-by-step explanation:

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