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The use of credit can allow for the easier return of merchandise.
The use of credit can lead to overspending.
Question 11. 11. (TCO 3) By evaluating your credit options, you can
do all of the following except
reduce your finance charges.
reconsider your decision to borrow money.
discover a less expensive type of loan.
find a lender that charges a lower rate.
purchase goods and services without specific limitations.
Question 12. 12. (TCO 3) Typically, a person can obtain the least
expensive loan through
parents or family members.
banks.
savings and loan associations.
finance companies.
loan sharks.
Question 13. 13. (TCO 3) Referring to trends in credit union
membership, it can be observed that membership has been
restricted by the Tax Reform Act of 1986.
declining gradually.
static.
growing steadily.