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Which of the following can increase your credit card's APR? A.) Paying the minimum B.) Missing a credit card payment C.) Paying off the full balance D.) Cashing in on rewar…

Which of the following can increase your credit card's APR? A.) Paying the minimum B.) Missing a credit card payment C.) Paying off the full balance D.) Cashing in on rewar…
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2 votes
Which of the following can increase your credit card's APR?

A.) Paying the minimum
B.) Missing a credit card payment
C.) Paying off the full balance
D.) Cashing in on rewards points

User DuncanSungWKim
by
8.5k points

2 Answers

3 votes
B is the answer
Hope it helped!
User Opher
by
7.2k points
2 votes
B) missing a credit card payment

When you miss a credit card payment, not only will your credit score go down, but your credit card company will charge you more which will increase your APR
User Vdboor
by
6.9k points
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