Upon learning the concept of FINANCIAL LEVERAGE and its importance, discuss and elaborate by providing your INSIGHTS in at least three (3) paragraph essay, if you agree that -

"CREDIT CARDS can be used as a financial leverage in your own business,"

this is graded discussion and answer by providing the following:

1) the advantages and disadvantages of using credit card/s as your leverage

2) the methods to maximize the use of credit card/s

3) examples of businesses that used credit card/s as their leverage.