Which of the Following Statements Is True of Credit Cards

question 108

Multiple Choice

Which of the following statements is true of credit cards?

• A) They can improve your credit score by allowing you to establish a history of prompt payments.
• B) They are solely issued to people who have a specific amount of savings in their retirement account.
• C) Warranty is not offered on products purchased using a credit card.
• D) Credit card companies do not charge an annual fee from cardholders if the card remains unused for at least 120 days.

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