Answered

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Which person's first credit card offer is most likely to put them at risk?
A. Carol's card has a low credit limit for the first six months she uses it.
B. Michonne's card charges no fees each time she uses it.
C. Rick's card lets him carry a balance every month.
D. Daryl's card has an interest rate that increases over time.
Answer D

Sagot :

the answer is D I hope this helps
chilljain33

In case Daryl holds a credit card where the interest rate increased over time, then the credit card usage is likely to put him at risk. Hence, option D is correct.

What is a credit card?

A credit card is a form of plastic money where a cardholder is eligible to spend or purchase on credit, and make a payment for the same at a later date. Normally, interest rates for late repayments on cards are higher.

When someone uses a credit card where the interest rate increases over time, default in repayments may put the cardholder into a risk of high debt burden. A case similar to that of Daryl above.

Hence, option D holds true regarding credit card.

Learn more about a credit card here:

https://brainly.com/question/14716152

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