Experts are increasingly sounding a warning about mounting credit card debt. Given that, which of the following would be an unwise strategy for a credit card company?
A) Making sure the company's credit card rules are clear and easy-to-understand
B) Charging the same interest rate as other credit card companies
C) Ensuring that fees for exceeding credit limits are no higher than necessary
D) Increasing the value of the promotional items that are used to attract new credit card customers
E) Offering free debt counselling to credit card customers

Question

Quizplus · Accepted Answer

Increasing the value of promotional items to attract new credit card customers may encourage people to sign up for credit cards and potentially accumulate more debt. This would be an unwise strategy given the warning about mounting credit card debt.

Experts Are Increasingly Sounding a Warning About Mounting Credit Card