What is the most important factor to consider if an individual expects to carry a balance on his credit card from time to time
Answers are:

A) annual fee
B)APR
C)late fee
D)over-the-limit fee

... note it's not over the limit fee because I got that one wrong on my test someone help

Respuesta :

What is the most important factor to consider if an individual expects to carry a balance on his credit card from time to time it's a.) annual fee

APR (Annual Percentage Rate) is the important factor that must be considered if an individual expects to carry a balance on his credit card

Why is it important to consider APR for credit cards?

APR is the interest rate on your credit card that you are charged for borrowing money.. It determines your minimum payment amount and how long it will take to pay off a credit card balance.

If you make timely payments in full, there's no need to worry about your APR. But if you don't pay your balance in full, your APR matters. Many credit cards have APRs between 20% and 30%, which means it could cost you much more in the end.

The higher the APR, the harder it is to pay off your card balance, if you fall behind on payments.

Learn more about the APR here:-

https://brainly.com/question/14184570

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