Updated on August 6, 2022
1. Select the most likely consequence of making payments
late to a card that has an introductory rate.
Paying higher interest rates
Fees and paying the introductory interest rate on the
balance
Fees and paying the default interest rate on the balance
None of these answers are correct
Answer
Fees and paying the default interest rate on the balance is most likely consequences off making payments late to a card that has an introductory rate the option.