Question:
Freya realizes she does not have enough in her bank account to use the debit card. She decides to use a credit card instead. Which questions should Freya answer before using a credit card? Check all that apply. Can I pay at least the minimum payment each month? Can I make payments on time and avoid late fees? Will I have to take out a loan? How much in finance charges can I afford to pay? Should i talk to a consumer credit counseling service?
A. Can I pay at least the minimum payment each month?
B. Can I make payments on time and avoid late fees?
C. Will I have to take out a loan?
D. How much in finance charges can I afford to pay?
E. Should I talk to a consumer credit counseling service?
Answer:
A. Can I pay at least the minimum payment each month?
B. Can I make payments on time and avoid late fees?
D. How much in finance charges can I afford to pay?
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