Which of the following is NOT a principle of using credit?

The principle of credit is fundamentally built around managing and utilizing debt wisely to maintain financial health. Maximizing debt, as indicated in the choice you identified, goes against the core principles of responsible credit usage. Credit principles emphasize the importance of maintaining a balance where the individual uses credit effectively without overextending themselves financially.

Making timely payments is a vital principle because it directly affects credit scores and overall financial credibility. Consistent and timely payments build reliability in the eyes of lenders and help avoid penalties or additional interest charges.

Understanding interest rates is equally important; it allows individuals to assess the cost of borrowing and make informed decisions regarding loans and credit usage.

Minimizing debt promotes better financial management and reduces the risk of overwhelming financial obligations. This principle encourages spending within one's means and prioritizing the repayment of outstanding debts.

Therefore, the principle that is NOT associated with responsible credit usage is maximizing debt, as it contradicts the foundational approach of managing credit prudently.