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When considering creditworthiness, which person is likely to pay the GREATEST credit card finance charges if they all charge the same amount each month on their cards?

A) James, who always pays the minimum each month
B) Georgia, who sometimes pays more than the minimum amount
C) Mary Lou, who always pays the full credit bill each month
D) Mark, who usually pays his credit card bill in full, if he can afford to

1 Answer

4 votes
A) James, who always pays the minimum each month. Individuals who pay only the minimum on credit cards may pay higher finance charges and will likely accrue more debt over time.
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