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Which of the following can cost you money in large interest payments

a debit card
a credit card
a checking account
a savings account

User Ngnguyen
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1 Answer

2 votes

Answer:

a credit card

Step-by-step explanation:

A credit card is basically a loan that you can access any time as far as you have funds in it. Therefore, as any loan it has to be repaid with the interest charge by the bank. Usually the highest credit rates in the financial products are the credit card interest rates, thus it could cost you money in large interest payments.

User Zaaath
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