This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is a low credit score problematic? A) It leads to penalties. B) It makes it more difficult ... (Read 60 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jul 12, 2018
Why is a low credit score problematic?
 
  A) It leads to penalties.
  B) It makes it more difficult to borrow.
  C) It lowers your interest rate.
  D) It raises your credit limit.

Question 2

Which of the following rules was included in the 2009 CARD Act, designed to regulate the credit card industry?
 
  A) Interest rates on credit cards cannot be raised.
  B) You must be at least 21 years old to get a credit card.
  C) Students can receive gifts when they apply for credit cards.
  D) Colleges must disclose marketing contracts with credit card companies.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 12, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jul 12, 2018
Gracias!

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

The stability of carbon bonds makes life possible even in extreme environments The stability of carbon bonds makes life possible even in extreme environments
The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
Items that would be difficult to replace bearing legal significance are sent by certified mail. Items that would be difficult to replace bearing legal significance are sent by certified mail.
For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ... For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ...
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
A land snail (Helix aspersa) with the opening that leads to its lung visible at the left. A land snail (Helix aspersa) with the opening that leads to its lung visible at the left.
Video: Epinephrine/NE (heart rate, altered blood flow, glycogenolysis & bronchodilation)

For a complete list of videos, visit our video library