Which of the following is the most likely way that the credit card company will reduce its risk?
Barbara has just applied for a credit card. She is an 18-year-old high school graduate with few valuable possessions and no credit history. Barbara is granted a credit card.
A. It will make Barbara’s parents pledge their home to repay Barbara s credit card debt. B. It will require Barbara to have both parents co-sign for the card. C. It will charge Barbara twice the finance charge rate it charges oldercardholders. D. It will start Barbara out with a small line of credit to see how she handles the account.