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Natalija [7]
3 years ago
10

According to the video, aside from fees, what is a drawback to having credit?

History
1 answer:
Bogdan [553]3 years ago
6 0
<span>Blowing Your Budget -- The biggest </span>disadvantage<span> of </span>credit<span> cards is that they encourage people to spend money that they don't have. ... High Interest Rates and Increased Debt -- </span>Credit<span> card companies charge you an enormous amount of interest on each balance that you don't pay off at the end of each month.

hope this helped :)
alisa202

plzz tell me if I was wrong
</span>
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