What are some of the pros and cons of using credit


Journal Problem

Now that you have a better understanding of interest rates, consider a situation in which you need to purchase a car for work. You have found a reliable car within your budget, but you are not sure whether or not to finance the purchase. What questions would you need to consider before making such a decision? What are some of the pros and cons of using credit?

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Finance Basics: What are some of the pros and cons of using credit
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