Which of the following is a red flag when it comes to credit card debt?

Question

Quizplus · Accepted Answer

All of the choices are red flags when it comes to credit card debt. If someone cannot make the minimum payment on their credit card, it is a sign that they are not managing their debt effectively, which could lead to late fees, increased interest rates, and even damage to their credit score. Getting cash advances from a credit card is also a risky move, as they often come with high fees and interest rates. Taking money from retirement savings to pay off credit card debt is also not recommended, as it can harm long-term financial goals and may lead to penalties or taxes.

Which of the Following Is a Red Flag When It