Susan, a shopaholic, has accumulated bills worth $4,500 on her credit card. She cannot afford to pay the bills because of her meager income and is now facing financial problems. In this scenario, the first step that Susan should take is to: 

a. continue using the card for purchases amounting to the minimum credit limit. 

b. take loans from banks and other lenders to make the credit card payments. 

c. stop using the card so she does not compound her difficulties. 

d. consistently pay a substantial amount each month toward retiring the debt on her card

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Out of the given optionsthe first step ... View the full answer