Describe two disadvantages of using credit cards Choose the

Describe two disadvantages of using credit cards Choose the correct ?A. Two disadvantages of using credit cards are the high interest rates on unpaid balances a the fact that there is o interest charge who pay? the bala ce due at the e or B. Two dsadvantages of using credt cards are the high interest rates on unpaid balances and the ability to use a product before ac C. Two of using credt cards are the fact that responsible use of a credit card is an effective way to build a good credit score 0 D. Two disadvantages of using a edit cards are the high interest rates on unpaid balances and the fact that there is no cap on interest rates use of a credit card is an effective way to build a good credit score and the fact that there is no cap on interest rates

Solution

Option is - D

The disadvantage of use of credit card are high interest rates and no cap on interest rates that is interest rates will vary based on credit score and credit worthiness of the borrower

No specific limit in interest rates

Encourage to spending the money

Thank you hope this understandable