Question

Which situation would result in a credit card issuer charging a late-payment fee?

Answer 1

A cardholder fails to make a minimum payment one month.

JUST TOOK THE TEST

Answer 2

A credit card issuer would charge a late-payment fee if there is an unpaid minimum credit card fee or other payment from your credit card until the due date. The late-payment fee is calculated based on your unpaid minimum credit card fee. It will not exceed the amount of your unpaid minimum credit card fee.