What should Susan do in regards to her credit card balance?
A)She should continue to make minimum monthly payments.
B)She should pay half of the balance this month and the remaining balance next month.
C)She should take out a small loan to pay off the credit card.
D)She should use some of her savings to pay off the balance in full immediately.

Question

Quizplus · Accepted Answer

Paying off the balance in full immediately would save Susan money in the long run, as she would not have to pay interest on the credit card balance. Using some of her savings to do this is a responsible use of her resources, as carrying a credit card balance can negatively impact her credit score and financial stability.

What Should Susan Do in Regards to Her Credit Card