Verified Answer :

it is unhelpful and non-beneficial because always using cash will result in you having no credit history so banks would not be able to see how reliable you are in paying back a loan

It's inconvenient and counterproductive because always paying cash means you'll have no credit history, which means banks won't be able to assess your ability to repay a loan.

Disadvantages for cash:


  • Cash is something that can be accumulated and increased in value, making it easier to lose.

  • A card, on the other hand, is basic and thin, making it easy to keep track of and avoid becoming overwhelmed.


  • Using credit cards instead of cash is more convenient and secure.

  • A credit card is a sensible and desired alternative to cash for in-person purchases and a required tool for online transactions as long as you can pay your bill in full.

  • When you wish to extend your warranty or safeguard your purchase.

For more information about Cash refer to the link:

https://brainly.com/question/15709517

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