One Can Be Overusing Credit Even Though He Can Afford

question 125

True/False

One can be overusing credit even though he can afford to make minimum monthly payments on time.

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Definitions:

Serotonin

A neurotransmitter in the brain that plays a key role in stabilizing mood, feelings of well-being, and happiness.

Learned Helplessness

A condition in which an individual becomes passive and unable to act to avoid adverse situations due to previous experiences of being unable to control the outcome.

Learned Helplessness

Learned helplessness is a psychological condition in which a person believes they have no control over outcomes in their life, often leading to passivity and depression, as a result of experiencing uncontrollable events.

Increased Control

Enhancing one's ability, power, or authority to manage or direct situations, objects, or people.