American_Bankers_Association
CTFA · Question #151
The least amount of money that you should pay on or before your due date is called:
The correct answer is B. Minimum payment. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
The least amount of money that you should pay on or before your due date is called:
Options
- AInterest charge
- BMinimum payment
- CTotal payment
- DMonthly fee
How the community answered
(56 responses)- A5% (3)
- B82% (46)
- C2% (1)
- D11% (6)
Topics
#minimum payment#credit card#due date#consumer credit
Community Discussion
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