Business, 05.01.2020 09:31 jasonoliva13

You are considering making a major purchase on your credit card. you should ask yourself the following questions, except which answer choice
a. would it cost me less if i came up with a different purchasing plan
b. what else can i purchase to reach my full credit limit
c. will i receive any incentives from my credit card company for making this purchase
d. how much will my purchase really end up costing if i don t pay off the balance immediately?

Answers: 3

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Answers

The one question you should never consider asking or doing is B. WHAT ELSE CAN I PURCHASE TO REACH MY FULL CREDIT LIMIT?

Credit card purchases are loans that may seem small in amount but if you're not able to pay off said purchases, the amount will balloon into something bigger than you expect.

Unpaid balances are subject to finance charges like interests. Some cardholders are even charged an additional fee when they go over their credit limit. These charges make your purchases more costly.

Answer from: Meliiiii

b. What else can I purchase to reach my full credit limit

Explanation:

When you make a purchase, you should review all payment options and choose the one that most benefits you. Usually if you pay cash the product has a discount. When purchasing with a credit card you may receive benefits from the card incentive program, but you should first of all see if you will have the money to pay the full bill, otherwise the interest on the card may cause the purchase to take place. make it much more expensive than the value of the product. The only alternative that makes no sense and is incorrect is (B) as you should not be thinking of alternatives to popping your credit card. On the contrary, the card is a credit instrument and must be used in situations of need, otherwise if you spend more than your ability to pay you will be in debt.

Answer from: Quest

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Answer from: Quest

It would be proprieretorships and partnerships

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