Question

Please help

17. (American Money LO 7 MC)Imagine that you have poor credit because you have missed payments on credit card balances in the past. What could happen if you make a new large credit card purchase and forget to pay the balance by the due date? (1 point)


You could be arrested for non-payment of debt.


You could qualify for unsecured credit to pay it off.


You could be charged higher interest rates and fees.


You could be issued more credit to cover the debt.

Answer 1

C

Step-by-step explanation:

You could be charged higher interest rates and fees.