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Annual Percentage Rate (APR), credit limit, and penalties
and fees are important to consider when
Looking at your
credit score
Choosing a financial advisor
o
Choosing a credit card
Selecting a financial institution​

Respuesta :

Lanuel

Answer:

Choosing a credit card.

Explanation:

A credit card is a plastic rectangular card issued by financial institutions such as banks, that allows the cardholder to purchase goods or services from merchants on credit.

Credit cards offers it's users convenience to access a line of credit and thus, eliminates the need to carry cash (money) or check around.

The important criteria to consider when choosing a credit card are;

1. Annual Percentage Rate (APR).

2. Credit limit.

3. Penalties and fees.

4. Cash back.

The annual percentage rate (APR) is the annual interest derived by a total charged to borrowers or payable to investment.

What is a credit card and why is it important?

Credit cards, when used appropriately, may be important instruments for earning rewards, traveling, dealing with crises or unanticipated spending, and improving credit.

A rewards credit card, as the name suggests, pays the cardholder for making purchases. Rewards can differ depending on the issuer and card type.

Thus, Option C is correct about APR.

For more information about APR refer to the link:

https://brainly.com/question/1361627

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