Credit Card Usage Quiz

They carry a balance from month to month, making only minimum payments. (correct)

They pay off their full balance every month.

They never check their credit card statements.

They avoid using credit cards altogether.

You will get a discount on your next month's bill.

You will incur interest on the remaining balance. (correct)

You will not be able to make any additional purchases.

You won't owe any interest.

It will have no impact on your credit score.

It can hinder your ability to create a secure financial future. (correct)

It can lead to a secure financial future.

It will decrease your credit limit.

<p>Not using a credit card at all</p> Signup and view all the answers

<p>A form of payment that allows you to take out a loan from the credit card issuer</p> Signup and view all the answers

<p>In monthly cycles</p> Signup and view all the answers

<p>You are taking out a short-term loan from the credit card issuer</p> Signup and view all the answers