When does closing a credit card account make sense? Question 18 options: Anytime you have a card but don't use it at least once a week. Being charged a $120 annual fee but not using the card much. When you need extra space in your wallet. If the issuing company sends you a late notice. Question 19 (1 point) The biggest difference between a Term Loan and a Credit Card is: Question 19 options: A credit card payment can be skipped if you are running short of cash A term loan gives you the option to pay just interest and no principal A term loan requires principal and interest payments every month and will be paid off at the end of the term A term loan will have higher interest rates than a credit card Question 20 (1 point) If Mary wants to earn enough credit card points to get a free plane ticket, a smart thing would be to: Question 20 options: Offer to buy things for her friends so she can "gang up" expenses onto her credit card. Use the credit card at ATM to get a cash advance that would earn enough points for the ticket. Buy some luxury items that she wants to have one day but can't really afford to buy today. Use the credit card for things she is already buying, and then pay off the balance in full each month