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What are the disadvantages of using credit

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Reference no: EM132671335

Problem 1: What are the advantages and disadvantages of using credit?

A. It helps build a good credit score.

B. The use of credit may ultimately result in bankruptcy

C. The use of credit enables borrowers to buy more financial products

D. The use of credit may ultimately result in long-term liquidity

Reference no: EM132671335

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