Which of the Following Is the Best Advice About the Use

question 41

Multiple Choice

Which of the following is the best advice about the use of credit cards?

• A) Except for very small purchases, credit cards should always be used instead of cash.
• B) The best approach to credit cards is never even to apply for one.
• C) Credit cards are an important part of a personal financial system, but pay the balance in full during the period when no interest is charged.
• D) Credit cards are most useful when making large purchases (over $500), because they allow you to spread out the payments to fit into your budget.

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