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Do you think that implacations of credit card interest rates are communicated effectively to consumers?
Wiki User
∙ 11y ago
credit card interests rates are communicated effectively to consumers
Wiki User
∙ 11y ago
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Why is it NOT recommended that consumers acquire debts?
Debts must be repaid with interest.
What is the highest interest rate allowed by law for consumers in the state of Ohio?
29%
How do these corner fincnce companies get away with charging consumers outrageous interest rates?
If people don't agree with the interest rate, they do not have to accept the loan.
Why do higher interest rates mean higher borrowing cost?
Higher interest rate means that bank has to pay more to borrow money to fund loans. Bank pass the cost of borrow in the form of higher interest rates to consumers and business loans.thus the increase in higher interest rates increases the cost of borrow which consumers and business enterprises has to pay to get a loan.
What may not be indicated by low long-term interest rates?
that consumers want to borrow money to invest
What do consumers advocacy group do?
They promote the interest of consumers in areas such as product safety, reliability, and affordability.
What is there an increase in when consumers are more likely to be priced out of the option to buy a home?
Mortgage interest ratesMortgage interest rates.
Why is not recommended that consumers acquire debts?
Debts must be repaid with interest.
Why is it NOT recommended that consumers acquire debts?
Debts must be repaid with interest.
How do consumers express self interest?
Seeking the lowest price for a product
What is one way that consumer-advocacy groups help protect consumers?
by providing product information
What option are consumers most likely to be priced out of to buy a home when there's an increase in what?
Mortgage interest ratesMortgage interest rates.
Consumers are most likely to be priced out of the option to buy a home when there's an increase in what?
Mortgage interest ratesMortgage interest rates.
What is the highest interest rate allowed by law for consumers in the state of Ohio?
29%
Who is the interest group that publishes the consumer report and what year was it published?
the consumers union
What is a consumer advocacy group?
to promote the interest of consumers
Which economic class do interest groups serve most effectively?
The Upper Class
