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One effective strategy for managing credit card debt it to
A. Replace low interest credit cards with higher interest credit cards
B.slightly exaggerate your yearly income when applying for a credit card
C. Pay more than minimum monthly payment to limit accumulating interest
D. Make sure you spend your entire credit limit before making any payments

Respuesta :

mathewlopezxavier527

Answer:

C hope tha helps

Explanation:

The effective strategy for managing credit card debt is to pay more than a minimum monthly payment to limit the accumulating interest.

What do you mean by credit card?

A credit card refers to a financial instrument that is issued by the banks with pre-set credit limits.

Credit cards impose the condition that cardholders will pay back the money and interest over time.

One effective strategy to manage credit card debt is to pay more than the minimum monthly payment to limit accumulating interest.

Therefore, C is the correct option.

Learn more about credit cards here:

https://brainly.com/question/27350251

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