The use of credit ties up the use of future income .
The use of credit allows for the purchase of goods even when funds are low .
Question 10 . 10 . ( TCO 3 ) Which one of the selections can be categorized as a disadvantage of credit ?
The use of credit can allow you to receive advance notice of sales .
The use of credit can allow for you to purchase previously inaccessible items .
The use of credit allows for the purchase of goods even when funds are low .
The use of credit can allow for the easier return of merchandise . The use of credit can lead to overspending .
Question 11 . 11 . ( TCO 3 ) By evaluating your credit options , you can do all of the following except
reduce your finance charges . reconsider your decision to borrow money . discover a less expensive type of loan . find a lender that charges a lower rate . purchase goods and services without specific limitations .
Question 12 . 12 . ( TCO 3 ) Typically , a person can obtain the least expensive loan through