jandtblain jandtblain
  • 12-12-2020
  • Business
contestada

How does paying the minimum on a credit card hurt?

Respuesta :

vicck
vicck vicck
  • 12-12-2020

Answer:

If you only pay the minimum each month, your debt might become spread out over a longer period of time and interest charges may increase over time. This is not an effective strategy, and depending on the provider, you may end up paying more that what you needed to pay off.

Explanation:

Hope this helped!

Answer Link

Otras preguntas

What are the powers of 3 between 3 and 1000?
The purpose of the petition sent to King George III by the First Continental Congress was to A. request a place in Parliament for colonial delegates. B. declare
what is 3 fourths minus 7 eighths
In the number 8444 what is the relationship betwee n the 4s? Think about the value of each 4 to help you find your answer
Which one of the following statements is most accurate for law enforcement? A. Law enforcement agencies are employed by the court system. B. Ordinary police off
What are the benefits of living in Palm Springs?
Why did Southern legislatures pass Jim Crow laws? (A) to push emancipated slaves into migrating back to Africa (B) to prevent the Democratic Party from regainin
How does thermal energy travel?
What are the powers of 3 between 3 and 1000?
a store advertises that customers can take 25%off the original price and then take an extra 10%off is this 35% of? explain