posted by Kaylee
1. If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she
2. Caitlin wants to buy an airline ticket, but she’s uncomfortable taking that much cash to the
counter at the airport. Instead, she uses her credit card. Which advantage of credit is being
building a credit line
protection of purchases
purchase power ••
3. Which is an example of a variable expense category? (1 point)
birthday gifts ••
4. What is a benefit of using a financial tool to track your budget? (1 point)
It provides you discounts for the things you buy most often.
It gives you a visual of your income and expenses. ••
It keeps all of your personal information protected.
It makes banks more likely to offer you low-interest rates.
Kaylee is 100% correct!
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