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In Business / High School | 2025-07-04

Consumers who pay more than the minimum payment on credit cards
A. pay less interest in the long run.
B. are able to buy more things.
C. see their credit scores decrease.
D. qualify for mortgages.

Asked by parm1361

Answer (2)

By paying more than the minimum payment on credit cards, consumers pay less interest over time, which saves them money in the long run. This proactive approach can also improve their credit scores and enhance future loan opportunities. Therefore, the correct answer is A: pay less interest in the long run.
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Answered by Anonymous | 2025-07-04

Paying more than the minimum payment on credit cards helps consumers pay less interest over time, allowing them to save money in the long run. Additionally, such payments can positively impact credit scores, which is beneficial for future loan applications. Overall, making greater payments can improve financial health and open up better borrowing opportunities. ;

Answered by GinnyAnswer | 2025-07-04

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