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Which of the following is a disadvantage of credit cards quizlet?A disadvantage to credit cards is that there is no way to keep track of individual expenditures. Advantages of using credit include the ability to make purchases when cash inflow is low and the convenience of not carrying cash or checks.
Which of the following is NOT feature of debit card?Service of providing 45 days credit is given to the card holder is not a salient feature of debit card.
Which of the following is not true about the difference between credit cards and debit cards?Answer: Paying with a debit card is like taking out a loan, and paying with a credit card is like using cash. This statement is NOT true. Charges on a credit card are made against a line of credit rather than the account holder's cash deposits, making it a special kind of payment card.
Which of these items is not important when selecting a credit card quizlet?Which of these items is NOT important to consider when selecting a credit card? The look of the credit card. What could be a good option available to you if you are behind on loan payments?
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