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 67 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
Thanks for the timely response, appreciate it

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l
This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
"Practice makes perfect" "Practice makes perfect"
Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ... Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ...
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
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: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library