Which of the following is NOT an advantage of credit? Credit allows you to make purchases where cash may not be an option Allows you to achieve some of your goals It provides a record of your transactions They are ALL advantages Question 32 (1 point) A credit card or line of credit are also known as? Instalment loans Personal loans Demand loans None of the above Which of the following are NOT disadvantages of using credit? There can be a high cost to credit It can tempt you to make impulse purchases that you simply cannot afford Your ability to save money will be reduced They are ALL Disadvantages