Although credit cards can be useful for emergencies, they should be used with caution in other situations. Which of the following are reasons for using credit cards with caution? Click all that apply.
A. Credit is more acceptable to merchants than cash.
B. Late payments can damage your credit rating.
C. They can have high interest rates.
D. The more you use them the more rewards points you get.
E. They can lead to addictive spending.
Answer: E
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The students successfully used the problem solving process
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