Question 5 1 pts Credit card payments also create a record of purchases, which is convenient for later recordkeeping True O False Question 6 1 pts By law you are entitled to one free credit report per year from each of the three credit rating agencies. True False D Question 7 1 pts Credit accounts may charge the annual percentage rate (APR). late fees, balance transfer fees, and cash advance fees True O False Question 8 1 pts Debt is an asset management tool used to create wealth O True o False