Responses
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 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 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
You must pay the balance in full each month or the bank will take the card away.
1 answer
The correct statement regarding credit card repayment is:
You must pay the balance in full before the grace period ends if you want to avoid paying interest.
This is true because if you do not pay your balance in full by the due date, you will typically incur interest charges on the remaining balance. The other statements are not accurate in the context of general credit card repayment practices.
