Question

Which of the following is not something that will help you pay off credit card debt?
a.
Stop using your credit cards.
b.
Make extra payments when possible.
c.
Make a realistic budget to make regular payments and stick to it.
d.
Transfer existing credit card balances to credit cards with "low introductory rates."


Please select the best answer from the choices provided.

A
B
C
D
Mark this and return

Answer 1

D

Transferring balances to cards with "low introductory rates" is only temporary relief and can incur fees or much higher rates later, so it doesn't reliably help you pay off the debt unless used very carefully.