Question

Buying with a credit card is basically getting a loan from the card issuer.
True
False

Answer 1

@kristyn-whitaker

Answer 2

@alexxkayee

Answer 3

@smartfan214

Answer 4

@iGreen

Answer 5

@undeadknight26

Answer 6

@gorv

Answer 7

@RyleeC

Answer 8

That's true.. A card issuer is the person who presents the card at the store/company

Answer 9

Not really, you can have money in your account, and loans usually have higher interest rates, and allow larger amount of money. But theoretically both do the same thing, since credit is basically a loan, just very different terms. So I guess its true.

Answer 10

One advantage of credit card buying is the monthly list you receive of your expenditures, which can be helpful at tax time and in managing your personal budget.
True
False

Answer 11

@RyleeC

Answer 12

@YanaSidlinskiy

Answer 13

@Yolo4mecuite