36.8k views
4 votes
By making minimum payments on a credit card, the consumer can​

User Buley
by
5.4k points

2 Answers

6 votes

Answer:

I think by doing this they build up their credit score.

Step-by-step explanation:

User Malioboro
by
6.6k points
0 votes

Answer:

Explanation: By making minimum payments on a credit card, the consumer can guarantee the validity of the credit card and keep their credit valid, since as it is known, said cards have a deadline on which the customer is made aware of everything related to payments, advances, in conclusion how the summary of your purchases goes. Similarly, a credit card also has a cut-off date, which stipulates the start and end of a monthly cycle at the time each payment is made to it.

User Kabucey
by
5.8k points