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.
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.
Answers
There are no human answers yet.
Answered by
GPT 3.5
Increase the APR to 24% or higher and charge a late fee.
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