10
QuizMultiple Choice

How Credit Works

Question 10 • ***CPS Online Personal Finance fall – 3-2027

Louisa makes a payment that completely pays off her credit card. What happens to her line of credit as a result?

Answer
A
Louisa receives her money back from the lender.
B
Louisa still has to pay off the interest on the loan.
C
The entire amount is available for Louisa to use again.
D
The lender takes the credit card back from Louisa.