Which of the statements are true when using a credit card? Check all correct
answers.
To increase or maintain your credit score keep the usage of the credit card at or
below 30%. of the limit.
To avoid paying interest you must pay the balance in full every month.
If you find a fraudulent charge on your credit card statement you should call the
credit card company as soon as possible.
If someone calls from Amazon asking for you complete credit card number you
should give it to them.

Question

29-05-2024
History

Answered

Which of the statements are true when using a credit card? Check all correct
answers.
To increase or maintain your credit score keep the usage of the credit card at or
below 30%. of the limit.
To avoid paying interest you must pay the balance in full every month.
If you find a fraudulent charge on your credit card statement you should call the
credit card company as soon as possible.
If someone calls from Amazon asking for you complete credit card number you
should give it to them.

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-05-29T09:25:57-04:00

Final answer:

To manage your credit card effectively, keep usage below 30% of the limit, pay the balance in full to avoid interest, and report any fraudulent charges promptly.

Explanation:

To increase or maintain your credit score, keep the usage of the credit card at or below 30% of the limit. To avoid paying interest, you must pay the balance in full every month. If you find a fraudulent charge on your credit card statement, you should call the credit card company as soon as possible.

Learn more about credit card usage here:

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