Lenders always accept applications for credit

true or false


Credit tends to cost individuals more than paying in cash.

True or False


Credit cards all use the same interest and finance charges.

True or False


One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it.

True

False

Verified Answer :

To answer
the following questions:

1. Lenders
always accept applications for credit - True

2. Credit
tends to cost individuals more than paying in cash. - True

3. Credit
cards all use the same interest and finance charges. - True

4. One
advantage of credit is that it can give you a “float” time between buying the
product and when you need to pay for it.  – True

I am hoping that these answers have satisfied your queries and
it will be able to help you.