Question

4. Why do people sometimes use credit to pay for items instead of just using cash?

Answer 1

Answer:

Some people do not have the money they need right away, so they use credit.

Answer 2

Answer:

Some people use credit to pay for items instead of just using cash so they do not have to carry money around and so it is easier. ... It is preferable to receive a low interest rate so you do not have to pay high amounts. Sometimes, lenders allow or require a down payment before they extend you the loan.