7. loans that directly help you advance in life, such as student loans, are acceptable debts.\ntrue\nfalse\n8…

7. loans that directly help you advance in life, such as student loans, are acceptable debts.\ntrue\nfalse\n8. something that credit - card commercials dont show you is...\nhow great your life will be with payments\npeople making payments for months or years on those credit - card purchases\nhow much your credit score will grow right away\nhow happy your parents will be that they dont have to lend you cash anymore\n9. the debt snowball method involves...\nwaiting until the winter months to begin paying off debt\npaying off debts from largest to smallest\npooling together money from other people to pay off your debt

7. loans that directly help you advance in life, such as student loans, are acceptable debts.\ntrue\nfalse\n8. something that credit - card commercials dont show you is...\nhow great your life will be with payments\npeople making payments for months or years on those credit - card purchases\nhow much your credit score will grow right away\nhow happy your parents will be that they dont have to lend you cash anymore\n9. the debt snowball method involves...\nwaiting until the winter months to begin paying off debt\npaying off debts from largest to smallest\npooling together money from other people to pay off your debt

Answer

Brief Explanations:

  • For question 7, student loans can help individuals gain education and advance in life, so they are considered acceptable debts.
  • For question 8, credit - card commercials typically focus on the benefits and not on the long - term payment obligations.
  • For question 9, the debt snowball method involves paying off debts from smallest to largest, and none of the given options are correct for it.

Answer:

  1. True
  2. People making payments for months or years on those credit card purchases
  3. None of the above options are correct for the debt snowball method.