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When using a credit card, how can you avoid paying high interest rates on your balance? Use only credit cards offered by the bank at which your accounts are held. Alternate between using your debit card
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When using a credit card, how can you avoid paying high interest rates on your balance?

Use only credit cards offered by the bank at which your accounts are held.
Alternate between using your debit card and credit card for all purchases.
Pay the entire balance due on the credit card within three months of each
bill
Pay the entire balance within the grace period specified by the financial
institution.

User Kizaru
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2 Answers

5 votes

Answer:

D is the answer

Step-by-step explanation:

When using a credit card, how can you avoid paying high interest rates on your balance-example-1
User Bertrand Le Roy
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2 votes

Answer:

Pay the entire balance within the grace period specified by the financial

institution.

Step-by-step explanation:

With each credit card there are conditions that allow to pay the bill in days were the interest has not been generated. The idea is to identify those periods and make the payment before this grace ends.

User Myroslav Hryshyn
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5.7k points
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