Question

considering paying with credit
freya realizes she does not have enough in her bank account to use the debit card. she decides to use a credit card instead.
which questions should freya answer before using a credit card? check all that apply
□ can i pay at least the minimum payment each month?
□ can i make payments on time and avoid late fees?
□ will i have to take out a loan?
□ how much in finance charges can i afford to pay?
□ should i talk to a consumer credit counseling service?

Explanation:

To determine the relevant questions, we analyze each option:

• "Can I pay at least the minimum payment each month?" – Important for credit card usage as minimum payments are required to avoid penalties.
• "Can I make payments on time and avoid late fees?" – Timely payments are crucial to maintain good credit and avoid extra costs.
• "Will I have to take out a loan?" – Using a credit card doesn't directly relate to taking out a loan, so this is not relevant.
• "How much in finance charges can I afford to pay?" – Finance charges (interest) are part of credit card usage, so knowing affordability is important.
• "Should I talk to a consumer credit counseling service?" – This is more for when there are existing credit issues, not a pre - usage question.

Answer:

• Can I pay at least the minimum payment each month?
• Can I make payments on time and avoid late fees?
• How much in finance charges can I afford to pay?