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lord [1]
3 years ago
12

What is likely to happen if a borrower misses a payment on a credit card account? The credit card company will not notice a miss

ed payment. The credit card company requires the entire balance be paid in full immediately. The credit card company applies a penalty rate, increasing the card's interest rate. The customer will never be able to open another credit account.
History
2 answers:
Kamila [148]3 years ago
5 0

C would be the answer to this

attashe74 [19]3 years ago
3 0

The answer is "The credit card company applies a penalty rate, increasing the card's interest rate"

I took the test and got it right

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