1. Perma-debt occurs when you: a. Pay off your credit card balance in full every billing cycle. b. Transfer your credit card balance to receive 0% interest on a new card. c. Receive your first credit...

1. Perma-debt occurs when you:

a. Pay off your credit card balance in full every billing cycle.

b. Transfer your credit card balance to receive 0% interest on a new card.

c. Receive your first credit card.

d. Begin the cycle of debt and never fully pay off your credit cards.