Which of the following is true about credit cards?(1 point) Responses They usually charge a lower interest rate than debit cards. They usually charge a lower interest rate than debit cards. They are issued by networks such as Visa. They are issued by networks such as Visa. When you use one, the money is taken directly from your bank account. When you use one, the money is taken directly from your bank account. You can run up huge debts if you don’t pay the balance off quickly.

1 answer

You can run up huge debts if you don’t pay the balance off quickly.
Similar Questions
  1. Which of the following is true about credit cards?(1 point)Responses They usually charge a lower interest rate than debit cards.
    1. answers icon 1 answer
  2. which of the following statements are true? select the two correct answers- banks issue credit cards as well as debit cards -
    1. answers icon 1 answer
  3. Which of the following is true about credit cards?(1 point) You may occasionally have to use them, but only as a last resort.
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions