In Comparing Credit Cards to Other Forms of Credit, Which

question 98

Multiple Choice

In comparing credit cards to other forms of credit, which of the following is false?

• A) Credit cards are generally the most expensive form of credit.
• B) You should pay the most expensive debt off first.
• C) Credit cards can be viewed as a source of income.
• D) A home equity loan can be used to consolidate credit card and other debt.

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Definitions:

College Size

College size refers to the total number of enrolled students at a college or university, impacting the institution's class sizes, resources, and overall atmosphere.

Income Falls

Describes a situation where there is a decrease in the amount of money earned from employment, investments, or other financial sources.

College Education

A level of education beyond high school, typically involving undergraduate and graduate studies at colleges or universities.