answersLogoWhite

0


Best Answer

A low annual percentage rate

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers
User Avatar

Joe Shmoe

Lvl 3
2y ago

No fees or cash advances

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Which of these credit card features would be best for customers who think they might not be able to pay their balance at the end of each month?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What credit card would be the best for customers who think they might not be able to pay their balance?

A prepaid credit card is best for those who believe they might not be able to pay the balance.


Which of these credit card features would be best for customers who think they might need to use their credit card to borrow money?

no fees for cash advances


What credit card features would be best for customers who think they might need to use their credit card to borrow money?

No fees for cash advances


What would be best for customers who aren't likely to use their credit card very much?

For customers who are unlikely to carry a balance on their credit cards, the interest rate becomes less important than the features that the card offers. Benefits such as rental car insurance might be more useful than rewards based on how much the card is used.


What kind of credit card features would be best for customers who think they might need to use their credit card to borrow money?

Cash Advance is the option, but charges/interest may be more expensive that directly using the credit card to directly purchase the item.


What credit card features would be best for customers who might need to use their credit card to borrow money?

Ideally, there would be no fees for cash advances and the same interest rate for all charges, both purchases and cash advances. (Some cards offer both of these features.)


Does closing a credit card with a balance affect your credit rating?

Absolutely!!! Your credit score would go down and interest might be charged. Would be more of a lose for you. Its better to close it with a paid balance!


When might someone see 'credit card 0 balance transfer' on their statement?

'Credit Card 0 Balance Transfer' would appear on your credit card statement if your credit card is paid off in full. This means that you do not have to transfer any money from your bank account to pay off your credit card balance.


Is a line of credit mortgage bad for your credit score?

A line of credit is not bad by it self. It would be the balance of the line of credit that might raise some questions.


State three possible reasons why a debtor's account might have a credit balance?

Overpayment Payment in advance Credit note issued Deposit received


What are some providers of an interest free balance transfer credit card?

There are several good providers that provides interest free, balance transfer credit cards. For example, Chase bank and other banks might provide this.


Is it a criminal charge for not paying a balance owed?

No. It is not. There is no such thing as a debtor prison in the U.S. You might get sued in a civil court and have a judgment put on your credit report which will negatively affect your ability to obtain credit. But you won't go to jail or get arrested if you don't pay your balance. No. It is not. There is no such thing as a debtor prison in the U.S. You might get sued in a civil court and have a judgment put on your credit report which will negatively affect your ability to obtain credit. But you won't go to jail or get arrested if you don't pay your balance.