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?

Question

Social Studies

Cesar Powell

28 January, 17:05

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?

+3

Answers (1)

Know the Answer?

Miles Chan · Answer 1

The correct answers are 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?

The questions that Freya should answer before using a credit card are the following: Can I pay at least the minimum payment each month? Can I make payments on time and avoid late fees? How much in finance charges can I afford to pay?

When Freya realizes that she has not enough money in her debit card, she has to use her credit card. So that is why she has to ask the above questions in order to not create a financial problem for her. She has to have in mind that she needs to be smart in using the credit card because at the end of the month she has to pay the total amount on time so she won't have to pay interests. So she has to be careful that she will have enough money in her account to totally pay the credit.