Which of the following is true about credit cards?

Question

Quizplus · Accepted Answer

Credit cards should be paid off right away to avoid accumulating high interest charges over time. A) is incorrect because some credit cards do have an annual fee. B) is incorrect because the interest rate on a credit card can vary based on the individual's creditworthiness. D) is incorrect because using credit cards too frequently or for unnecessary purchases can lead to overspending and debt accumulation.

Which of the Following Is True About Credit Cards