Your friend Leanna is proud of her ability to have and use credit. She buys lunch every
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Your friend Leanna is proud of her ability to have and use credit. She buys lunch every day on credit, and at the end of the month she pays only the minimum balance due. When she reaches the limit on one credit card, she switches to another credit card. She thinks she can just go on charging forever. Do you see any problems with Leanna’s actions? Explain your answer.
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Related Book For
Managing Your Personal Finances
ISBN: 9781305076815
7th Edition
Authors: Joan S. Ryan, Christie Ryan
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