Answers Career Explorations A Cumulative Exam — Cumulative examQuestion 754

754

QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 754 • Career Explorations A

How can you keep credit utilization low and still have the convenience of a credit card as you work to repair your credit score after bankruptcy?

Answer

A

Increase credit limits on your cards to have more money to spend.

B

Cancel and shred paid-off cards to avoid the temptation of using them.

C

Apply for a personal loan to pay down the balances of maxed-out cards.

D

Apply for a secure credit card with a cash deposit made to that account.

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