Answered

Which is the best strategy for not paying interest?
A. Pay off your balance the day after your grace period
B. Pay half your balance during your grace period and the other half after the grace period
C. Pay your entire balance during your grace period
D. Do not make any purchases a few days before the statement closes



Answer :

GinnyAnswer

Final answer:

Paying the entire balance during your grace period (Strategy C) is the most effective way to avoid paying interest on a credit card.


Explanation:

Strategy C is the best approach to avoid paying interest on a credit card. By paying your entire balance during your grace period, you prevent any interest charges on the amount owed. This method ensures that you utilize your credit card without incurring extra costs.


Learn more about Credit card interest avoidance here:

https://brainly.com/question/29641204


Other Questions