Question

Question 11 of 20

Which statement best describes the relationship between credit and debt
when you use a credit card?
OA. Your debt decreases as you use your credit card more.
B. Your credit decreases as you lower your debt.
OC. Your credit stays the same as you lower your debt.
O D. Your debt increases as you use your credit card more.
SUBMIT

Answer 1

D. Your debt increases as you use your credit card more.

When you use a credit card, you are essentially borrowing money from the card issuer that you need to repay with interest. So, every time you make a purchase with your credit card, your debt increases. Lowering your debt by making payments on time and in full can have a positive impact on your credit score, but it does not directly affect your credit limit or how much credit you have available to use.