Question

If an individual has a credit score of 560 and they pay their credit card late once or twice, what might they expect a credit card company to do?(1 point)
Responses

Close their account.
Close their account.

Offer them a lower APR to lower payments
Offer them a lower APR to lower payments

Send the account to collections
Send the account to collections

Increase the APR to 24% or higher and charge a late fee.

Answer 1

Increase the APR to 24% or higher and charge a late fee.