During Jennifer’s first year of college, she and her friends made a weekly trip to the mall. Most of the time they would just hang out, but Jennifer had applied for several store credit cards. It didn’t seem like a big deal. She would buy a few things each week, and the card made it really easy. Jennifer had a work-study job on campus, but with all her other bills, she was having a hard time making the card payments. At the end of the semester she was $2,000 in debt and was two months behind making the minimum payments.
How could Jennifer have avoided this situation?

a.Called each of the creditors and ask for a decrease in her interest rate.
b.Used a debit or prepaid credit card when shopping at the mall, so she would not be able to spend more than she can reasonably afford.
c.Applied for one major credit card, rather than several store credit cards, as the interest rate would be lower.
dAsked for a raise at her work study job to help her pay her debts.