in 3 or 4 sentences each question

Discuss the following statements: a. One of the problems with relying on consumer credit for expenditures is that you are borrowing against your future income. b. Credit is not good or bad credit is just another financial tool that can either help you or hurt you, depending on how you use it. Even though you are borrowing against your future income, give some examples of when using credit to pay for expenditures might be justified or even required