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Personal Finance - EL3403
Understanding Credit
Question 14
14
Assignment
Multiple Select
Understanding Credit
Question 14 • Personal Finance - EL3403
Which are considered good credit practices? Check all that apply.
Answer
A
Pay less than the minimum amount due.
B
Make payments on or before the due date.
C
Pay off the full amount with the first monthly statement.
D
Have a plan of how you will repay the money.
E
Choose the credit card with the highest interest rate.
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