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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…
asked 103k views
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

asked
User DuncanSungWKim
by
8.5k points

2 Answers

3 votes
B is the answer
Hope it helped!
answered
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
answered
User Vdboor
by
6.9k points
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