Most likely, Jerome is

Jerome has three major credit cards and makes payments on them each month. He has had one of them for six years, another for three years, and the last for eleven months. Making just the minimum payment has become automatic at this point, and Jerome barely even looks at the statements. Jerome is beginning to think that his approach to credit may be faulty, and he wants to find out how to adjust it. He just applied for two additional credit cards.

A) unaware of how much of his payments go toward interest.
B) not getting the benefits of a grace period.
C) obligating his future income.
D) All of the above are correct.

Answer: D

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