Credit

Question 1

What are 3 advantages of using a credit card?

Answer 1

• useful for emergencies
• protection against fraud
• convenient payment tool

Question 2

What are 3 disadvantages of using a credit card?

Answer 2

• tempting to overspend
• risk of identity theft
• responsible for lost/stolen cards

Question 3

What are 4 things you look for in a credit card?

Answer 3

• Low interest rates
• no annual fee
• grace period
• why you need the card