13
AssignmentMultiple Dropdowns

Understanding Credit

Question 13 • Personal Finance - EL3403

You make more than minimum payments before the due dates. You missed a credit card payment in November and paid a late fee. You opened three new credit card accounts in a month. Your employer gave you a raise, so your income increased. The balance on your credit card is close to the credit limit.

Answer
Selection 1:

increase

Selection 2:

decrease

Selection 3:

decrease

Selection 4:

no effect

Selection 5:

decrease

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