Get premium membership and access questions with answers, video lessons as well as revision papers.

State four disadvantages a person may experience when using credit cards

      

State four disadvantages a person may experience when using credit cards

  

Answers


Kavungya
(i) High interest rates charged
(ii) Can only be used in selected (stores) businesses
(iii) One might be tempted to overspend
Kavungya answered the question on April 3, 2019 at 08:25


Next: Give four contents of a statement of account
Previous: Show how the following transactions may affect the items of balance sheet, stating whether it is an increase , decrease or no effect

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions