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

Author Question: To reduce the temptation of overspending, consider getting a credit card that is secured by a(n) ... (Read 90 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jul 12, 2018
To reduce the temptation of overspending, consider getting a credit card that is secured by a(n) ____, meaning there is money in a savings account equal to the credit limit on the card.
 A) promissory note
  B) overdraft
  C) protection draft
  D) credit extension
  E) bank deposit

Question 2

What is the main benefit of choosing overdraft fees for debit card and ATM transactions?
 A) higher balance on credit cards
  B) transactions will be denied if overdrawn
  C) transactions will not be denied if overdrawn
  D) extended terms of payback on balance
  E) lower interest rate on loans


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 12, 2018
Answer to Question 1

E

Answer to Question 2

C


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jul 12, 2018
:D TYSM

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Proper placement and monitoring of an automatic blood pressure cuff will reduce the risk of injury o Proper placement and monitoring of an automatic blood pressure cuff will reduce the risk of injury o
Memory card Memory card
To reduce stress on your client’s neck when the head is turned, put a towel under the shoulder and ... To reduce stress on your client’s neck when the head is turned, put a towel under the shoulder and ...
The Wisconsin Card Sorting Test. This woman is just starting the test. If she places the first card ... The Wisconsin Card Sorting Test. This woman is just starting the test. If she places the first card ...
One of the best ways to reduce your chances of catching a cold One of the best ways to reduce your chances of catching a cold
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. ...
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library