Which of the following is true if your credit company invites you to skip a monthly payment without a penalty?
A)They are doing you a favor.
B)You will not owe finance charges on your unpaid balance.
C)Interest will not be adding up on any purchases you make after the due date you skipped.
D)It would be a mistake to take this offer.
E)You should not ignore this offer.

Question

Quizplus · Accepted Answer

Skipping a payment, even if the credit company invites you to do so without a penalty, often means that interest will continue to accumulate on your balance, making it more expensive in the long run.

Which of the Following Is True If Your Credit Company