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Question
which are considered good credit practices? check all that apply.
□ pay less than the minimum amount due.
□ make payments on or before the due date.
□ pay off the full amount with the first monthly statement.
□ have a plan of how you will repay the money.
□ choose the credit card with the highest interest rate.
Brief Explanations
- Paying less than the minimum due harms credit (A is bad).
- Timely payments (B) build positive credit history.
- Full early repayment (C) avoids interest and shows responsibility.
- A repayment plan (D) prevents default.
- High-interest cards (E) increase debt risk (bad practice).
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B. Make payments on or before the due date., C. Pay off the full amount with the first monthly statement., D. Have a plan of how you will repay the money.