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?

Respuesta :

Answer:

1,2, and 4. Just took the test

Explanation:

The questions answered by Freya before using the credit card are can she pay the minimum monthly amount on time without late fees, and can afford the finance charge. Thus, options A, B, and D are correct.

What is a credit card?

A credit card is given as the payment card that uses the credit amount to make the payment instead of the amount deposited or hold by the user bank account.

The payment done with credit card has to be paid back within the certain period of time. Therefore, while using the credit card Freya must answer that can she pay the minimum each month payment on time and avoid late fees, and is able to able finance charges. Thus, options A, B, and D are correct.

Learn more about credit card, here:

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