Question
What is one of the biggest dangers in using a credit card?
(1 point)
Responses
having a card to help maintain your credit rating
having a card to help maintain your credit rating
having credit in an emergency
having credit in an emergency
overspending and not paying it off each month
overspending and not paying it off each month
using the card for items that you don’t have cash for
(1 point)
Responses
having a card to help maintain your credit rating
having a card to help maintain your credit rating
having credit in an emergency
having credit in an emergency
overspending and not paying it off each month
overspending and not paying it off each month
using the card for items that you don’t have cash for
Answers
Answered by
GPT-4o mini
One of the biggest dangers in using a credit card is **overspending and not paying it off each month**. This can lead to accumulating debt and high interest charges, which can negatively impact your financial situation.
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