Answers PERFIN Personal Finance Sem 2 26-27 Paying Off DebtQuestion 23

23

QuizMultiple Choice

Paying Off Debt

Question 23 • [PERFIN] Personal Finance, Sem 2 (26-27)

Which of the following is not something that will help you pay off credit card debt?

Answer

A

Stop using your credit cards.

B

Make extra payments when possible.

C

Make a realistic budget to make regular payments and stick to it.

D

Transfer existing credit card balances to credit cards with "low introductory rates."

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