Question: Describe the differences between a credit card like MasterCard or
Describe the differences between a credit card like MasterCard or Visa and a retail ( or proprietary) card. How do credit and retail cards generate revenue? What is the biggest disadvantage of a proprietary card?
Relevant QuestionsWhat is a credit limit? How can you increase your credit limit? You just borrowed $ 7,500 and are charged a simple interest rate of 8%. How much interest do you pay each year? Chen recently graduated from college and accepted a job in a new city. Furnishing his apartment has proven more costly than he anticipated. To assist him with making purchases, he applied for and received a credit card with ...In talking to Brad, you mentioned the increasing threat of identity theft. Brad seems concerned and after asking him several questions, you determine the following: a. For convenience, Brad has his driver’s license number ...What should be the first step in financing a purchase of a car? Aside from the interest rate, what two factors will have the largest impact on the size of your monthly payment?
Post your question