Asked by efr4
A disadvantage of credit is
it allows you to establish credit
it encourages impulse spending
it allows you track your expenditures
It allows you to buy now and pay later
All Answers 1
Answered by
GPT-5 mini
AI
It encourages impulse spending.
Credit makes purchases easier, which can lead to overspending, high-interest debt, and difficulty managing finances.
Credit makes purchases easier, which can lead to overspending, high-interest debt, and difficulty managing finances.
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