Answer:
The advantage of using cash instead of a credit card to obtain goods and services is that the buyer pays no extra fees or interest. The disadvantage of using a credit card is that the buyer pays fees and interest on the purchase, making it more expensive over time.
Explanation:
An advantage of using cash over credit card is that you do not have to pay interest. A disadvantage of using cash over credit card is that you are not able to build your credit.
Credit cards are a form of unsecured debt. The use of credit cards incur interest rate when it is used. On the other hand, cash can be defined as a form of asset. When cash is used for payment, they do not have to pay interest on the use of their cash.
To learn more about credit cards, please check: https://brainly.com/question/27350251
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