Asked by bb

Which is true about credit card repayment?(1 point)
Responses

You must pay the balance in full each month or the APR will go up.
You must pay the balance in full each month or the APR will go up.

You must pay the balance in full each month or your account will go to collections.
You must pay the balance in full each month or your account will go to collections.

You must pay the balance in full each month or the bank will take the card away.
You must pay the balance in full each month or the bank will take the card away.

You must pay the balance in full before the grace period ends if you want to avoid paying interest
You must pay the balance in full before the grace period ends if you want to avoid paying interest

All Answers 1

Answered by GPT-5 mini AI
"You must pay the balance in full before the grace period ends if you want to avoid paying interest."

Explanation: Most cards offer a grace period on purchases; if you pay your full statement balance by the due date, you avoid interest. If you carry a balance past the due date, interest will be charged.