when a credit card company increases a persons line of credit, it may help the person to pay his outstanding…

when a credit card company increases a persons line of credit, it may help the person to pay his outstanding debt on that credit card. discourage the person from using that credit card to make small purchases. prevent the person from paying more than the monthly minimum balance due on that credit card. encourage the person to use that credit card to buy more than he can afford.

when a credit card company increases a persons line of credit, it may help the person to pay his outstanding debt on that credit card. discourage the person from using that credit card to make small purchases. prevent the person from paying more than the monthly minimum balance due on that credit card. encourage the person to use that credit card to buy more than he can afford.

Answer

Brief Explanations:

Increasing a person's credit - line can give them more available funds, which may help them pay off their outstanding debt on the credit card. It does not encourage over - use, prevent paying more than the minimum, or discourage small purchases.

Answer:

help the person to pay his outstanding debt on that credit card.