PLATO Course Personal Finance Final Exam

Question 2 of 25

Angela's car payment is due January 31. This bill is always paid automatically from her checking account. It is January 30 and Angela realizes that she does not have enough money in her checking account to cover the payment. What is Angela's best option for handling the payment?

Select the best answer from the choices provided.
A. Call the bank and stop the automatic payment.
B. Transfer money online from her savings account to her checking account.
C. Try to call the company that holds the car loan and explain the problem and ask

Question

PLATO Course Personal Finance > Final Exam

Question 2 of 25

Angela's car payment is due January 31. This bill is always paid automatically from her checking account. It is January 30 and Angela realizes that she does not have enough money in her checking account to cover the payment. What is Angela's best option for handling the payment?

Select the best answer from the choices provided.
A. Call the bank and stop the automatic payment.
B. Transfer money online from her savings account to her checking account.
C. Try to call the company that holds the car loan and explain the problem and ask

anonymous · Answer

If the money is in her savings account - do B.
A would be the next answer if that is possible.  If she plans on paying after the grace period she should call the lender and let them know this with explanation