Question
For each of the following situations, circle YES, NO, or DEPENDS to indicate your opinion on whether they should use credit and why: 1: Marge,
For each of the following situations, circle YES, NO, or DEPENDS to indicate your opinion on whether they should use credit and why:
1: Marge, 18, plans to buy a car on credit so that she can drive to school.
YES NO DEPENDS
Why? _____________________________________________________
2: Fran and Bud recently took out a loan for a new roof.
YES NO DEPENDS
Why? _____________________________________________________
3: Edgar, age 20, recently used his credit card to pay for textbooks for his new semester of classes.
YES NO DEPENDS
Why? _____________________________________________________
4: Marcia, age 28, charges all her groceries on her credit card.
YES NO DEPENDS
Why? _____________________________________________________
5: Sandy and Carla, age 24 and 27, are planning on buying a boat on credit for use during summers. Carla will be the main signer for the loan, with Sandy being the co-signer.
YES NO DEPENDS
Why? _____________________________________________________
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