What is the attraction of reward cards?
Answer to relevant QuestionsWhat is the most common method used to compute finance charges?Gabriel Donleavy, a student at State College, has a balance of $380 on her retail charge card; if the store levies a finance charge of 21 percent per year, how much monthly interest will be added to her account?Janine Waite has several credit cards, on which she is carrying a total current balance of $14,500. She is considering transferring this balance to a new card issued by a local bank. The bank advertises that, for a 2 percent ...As a college student, what aspects of these student loan programs appeal to you the most?Explain why a borrower is often required to purchase credit life and disability insurance as a condition of receiving an installment loan.
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