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Which of the following is least likely to be a warning sign that one's debt is at a critical point? a. all credit cards are at their limits b. having several credit cards c. making only minmum payments on credit cards d. using cash advances to pay bills please select the best answer from the choices provided. a b c d

Respuesta :

The option which is least likely to be a warning sign that one's debt is at a critical point is having several credit cards.

What is a warning sign for credit cards?

The most likely warning sign for credit cards is not paying or clearing the debt of the credit card in full each month.

The options given in the problem are,

  • a. All credit cards are at their limits.
  • b. Having several credit cards.
  • c. Making only minimum payments on credit cards.
  • d. Using cash advances to pay bills.

In these options, least likely to be a warning sign is having several credit cards as having multiple cards and well management of them required the carefulness and awareness.

Thus, the option which is least likely to be a warning sign that one's debt is at a critical point is having several credit cards.

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