Michelle decided to buy a new car. She took out a personal loan to pay for the car. What is the advantage of purchasing with a personal loan instead of a credit card?
A. She probably has a lower interest rate on the personal loan.
B. She might overspend her budget.
C. She does not have to carry cash.
D. She will owe money after making the purchase.
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Home » Mathematics » Michelle decided to buy a new car. She took out a personal loan to pay for the car. What is the advantage of purchasing with a personal loan instead of a credit card? A. She probably has a lower interest rate on the personal loan. B.