Question

which of the following is not an advantage of using a credit card?
○ it can be used to establish credit
○ it makes it easier to carry a low interest balance.
○ it keeps you from having to carry cash or checks.
○ no interest charges accrue if the balance is paid in full every cycle.

Explanation:

To determine the answer, we analyze each option:

• "It can be used to establish credit" is an advantage, as responsible credit card use helps build a credit history.
• "It makes it easier to carry a low interest balance" is not an advantage. Credit cards typically have high - interest rates, and carrying a balance (even a "low" one) will accrue significant interest over time, so this is a disadvantage or a misrepresentation of credit card use.
• "It keeps you from having to carry cash or checks" is an advantage, as credit cards provide a convenient alternative to cash or checks.
• "No interest charges accrue if the balance is paid in full every cycle" is an advantage, as this is a key benefit of using a credit card responsibly.

Answer:

B. It makes it easier to carry a low interest balance.