Question

which method of payment requires having enough funds available at the time of purchase to fully cover the cost?

• credit card
• installment agreements
• debit card
• rent - to - own

Explanation:

• A credit card allows borrowing money (up to a limit) to pay, so funds don't need to be fully available at purchase.
• Installment agreements involve paying over time, so full funds aren't needed upfront.
• A debit card directly deducts from the linked bank account, so sufficient funds must be available at the time of purchase to cover the cost.
• Rent - to - own involves making rental payments with an option to own later, and full cost isn't covered upfront with available funds at purchase.

Answer:

C. debit card