Answer The Question – Which Of These People Is Likely To Run Into Problems When Using A Credit Card?Frankie Walls
This is a question and answer post. The question is which of these people is likely to run into problems when using a credit card? Three answer options will be provided and there is only one correct answer. This explanation for this correct answer will also be provided in this article.
Which of these people is likely to run into problems when using a credit card? The Answer Options
From the question of – which of these people is likely to run into problems when using a credit card? the three answer options for this question include:
A. The impulsive spender- known as Kenny.
B. Jay the entrepreneur with a poor credit history.
C. Tim who eagerly buys important items despite not having cash in hand.
Only one out of the three answer options provided is the correct answer as stated earlier. The answer is provided below and an explanation of the answer is also provided.
Which of these people is likely to run into problems when using a credit card? – The Correct Answer
The most accurate answer to this question is “C” which is “Tim who eagerly buys important items despite not having cash in hand”. The reason why this is the correct answer is that Tim would find it difficult to pay his accumulated credit card bills whenever they are due. This is so because according to the statement, Tim does not have cash with which to pay his bills. For whatever reason Tim is cash strapped and what that means is that if he continues using his credit card to purchase items, he would eventually accrue a debt that he would not be able to offset.
With a poor credit history, Jay would have limitations on her credit card use. Kenny may be impulsive, but there is no suggestion that he cannot pay his bills. This is why “C” is the best possible answer to this question.