Antoine applied for a credit card. The banks offers him a very low line of credit and high interest rate. He has some savings but wanted a card in case of emergencies. What should he do?
A. Take the card and use it whenever he wants.
B. Get the card if he can afford the monthly payments
C. Take out another loan to build a stronger credit history.
D. Reconsider why he wants a credit card since it is not a good deal.
D. Reconsider why he wants a credit card since it is not a good deal.
Antoine should carefully evaluate if he truly needs a credit card for emergencies and if the terms offered by the bank are worth it. If the line of credit is very low and the interest rate is high, it may not be the best option for him. He should weigh the pros and cons and consider other alternatives such as building a stronger credit history before applying for a credit card.