using a credit card has many advantages. if there is an emergency, you can use a credit card to make…

using a credit card has many advantages. if there is an emergency, you can use a credit card to make necessary purchases even if you dont have the money available at the time. credit cards are easy to carry, easy to use, and provide a record of your purchases. you can buy things online with them, too. if your credit card is lost or stolen, the bank can cancel the card so that no one else can use it. some credit cards also give you rewards, like cheaper airplane tickets. using a credit card also has several disadvantages. since credit cards let you borrow money from the bank, you may have to pay interest. interest is an extra fee on top of the money you borrowed. the longer you take to pay back the money, the more interest you will pay. and if you miss a payment, you will have to pay a late fee. so, you must be careful not to spend more money than you will be able to pay back. which of the following are advantages of using a credit card? select two. you can pay for what you need, even if you do not have enough money at the time. with a credit card, it is difficult to accidentally spend more money than you can pay back. credit cards are an easy way to take out money directly from your bank account. some credit cards offer special rewards for frequently using them to make purchases.

using a credit card has many advantages. if there is an emergency, you can use a credit card to make necessary purchases even if you dont have the money available at the time. credit cards are easy to carry, easy to use, and provide a record of your purchases. you can buy things online with them, too. if your credit card is lost or stolen, the bank can cancel the card so that no one else can use it. some credit cards also give you rewards, like cheaper airplane tickets. using a credit card also has several disadvantages. since credit cards let you borrow money from the bank, you may have to pay interest. interest is an extra fee on top of the money you borrowed. the longer you take to pay back the money, the more interest you will pay. and if you miss a payment, you will have to pay a late fee. so, you must be careful not to spend more money than you will be able to pay back. which of the following are advantages of using a credit card? select two. you can pay for what you need, even if you do not have enough money at the time. with a credit card, it is difficult to accidentally spend more money than you can pay back. credit cards are an easy way to take out money directly from your bank account. some credit cards offer special rewards for frequently using them to make purchases.

Answer

Brief Explanations:

The text states that in an emergency, one can use a credit - card to make necessary purchases without immediate funds, and some credit cards offer rewards like cheaper airline tickets. It also mentions the disadvantages such as interest and late - fees, and that it's easy to overspend.

Answer:

  1. You can pay for what you need, even if you do not have enough money at the time.
  2. Some credit cards offer special rewards for frequently using them to make purchases.