Which of the following is NOT a strategy companies use to induce custo

QUESTION

Which of the following is NOT a strategy companies use to induce customers to buy with credit cards?

A) Offer a zero interest rate for a period of time.
B) Extend the time period of payments.
C) Offer interest-only payments for a period of time.
D) Offer a discount for early-paying customers.
E) Lower interest rates for preferred customers.

ANSWER

Answer: C
Explanation: C) Companies do not usually offer interest-only payments.