Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Discover solutions to your questions from experienced professionals across multiple fields on our comprehensive Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

All of the following are smart guidelines for college students to follow for
using credit cards except
A. maintain only one credit card.
B. use many different credit cards to keep each balance low.
C. use a credit card only in emergencies.
D. pay the balance off every month to avoid paying credit card fees.

Sagot :

GinnyAnswer

Final answer:

College students should follow smart guidelines for credit card use, including maintaining only one card, avoiding multiple cards to keep balances low, using it in emergencies, and paying off the balance monthly.


Explanation:

Credit card guidelines for college students:

  1. Maintain only one credit card: Having multiple cards can lead to overspending.
  2. Avoid using many different credit cards: Keeping balances low is crucial for financial stability.
  3. Use a credit card in emergencies: Having a specific purpose for its use can prevent unnecessary debt.
  4. Pay the balance off every month: This helps avoid accumulating debt and paying high fees.

Learn more about Credit card guidelines for college students

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.