Why might young adults, in particular, value credit in case of emergency?

Answer:

Young adults may value credit in case of emergency because it provides quick access to funds when they may not have enough savings or income stability.

Explanation:

Many young adults are just starting out financially—they might still be in school, entering the job market, or living on a limited income. In an emergency, such as a car repair, medical bill, or sudden travel need, they may not have enough cash saved up. Credit (like a credit card or personal loan) can serve as a financial safety net, helping them cover urgent expenses and avoid delays or hardship. While credit should be used responsibly, it offers immediate flexibility, which can be especially valuable when facing unexpected costs.