Question Which statement describes a risk of taking on debt? (1 point) Responses It allows you to buy things now and pay later. It allows you to buy things now and pay later. It does not affect your credit score if you pay it off in a timely manner. It does not affect your credit score if you pay it off in a timely manner. It could affect your ability to take out other loans. It could affect your ability to take out other loans. It might result in the interest rates on other loans to increase.
