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yawa3891 [41]
3 years ago
9

Individuals who do not pay off their credit card balances each month are known as which of the following?

Biology
2 answers:
Greeley [361]3 years ago
5 0
I think the correct answer from the choices listed above is option A. <span>Individuals who do not pay off their credit card balances each month are known as borrowers. The opposite of such is called deadbeat, transactor or a nonrevolver. Hope this answers the question.</span>
alexandr402 [8]3 years ago
3 0

The right option is; A) Borrowers

Borrowers are individuals or organizations that have received funds from another party (such as a financial institution) with the agreement that the money will be paid back. Individuals who do not pay off their credit card balances each month are known as borrowers. A credit card is a card that is given by a financial institution which allows the cardholder to borrow funds and there is a condition that the cardholder will refund the borrowed amount of money with any extra agreed upon charges.  


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