BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are some rules to live by when using Credit Cards?
A
Keep records in case you need to dispute any discrepencies
B
Monitor your credit at least once a month
C
Do NOT have more than 4-5 credit cards at one time
D
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.

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