BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What are some rules to live by when using Credit Cards?
|
Keep records in case you need to dispute any discrepencies
|
|
Monitor your credit at least once a month
|
|
Do NOT have more than 4-5 credit cards at one time
|
|
All of the above
|
Explanation:
Detailed explanation-1: -Use credit wisely-follow the 20/10 rule Never borrow more than 20% of your annual after-tax income. Keep your monthly debt payments to less than 10% of your monthly after-tax income. Keep track of your purchases and don’t buy expensive and unnecessary impulse items.
There is 1 question to complete.