Why does a credit card make it easy to go into debt
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Definition1/8
You can buy something before you have enough money to pay for
it.
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Term1/8
Why is it important for people to maintain a good credit history
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Definition1/8
So that they have an easier time getting loans and credit
cards
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Term1/8
Which of these credit card features would be best for customers who want to pay off the balance on a high-interest credit card
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Definition1/8
Low fees for balance transfers
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Term1/8
What is the annual percentage rate on a credit card
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Definition1/8
The Answer is "The amount of interest charged on unpaid balances" On Apex
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Term1/8
Match each of these credit card terms with THE correct description
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Definition1/8
chadwick and the neutron
rutherford and the proton
thomson and the electron
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Term1/8
Banks pay their costumers interest on the money in their accounts for what reason
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Definition1/8
Banks pay their consumers interest on their money in their
accounts because, the same money is what the bank use to lend loans
to other customers. As they are going to earn an income through the
interest they charge the loan customers, banks give a portion of
that interest as interest for the customers who have deposited
their money with them.
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Term1/8
Can you pay your credit card bill by another credit card
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Definition1/8
Yes you can pay your credit card bill by another credit card. It
is called balance transfers, you can transfer the balance of
another credit card that has a high interest to a credit card that
has a low interest. Hopefully this answers your question.
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Term1/8
Match each fee below with the situation where a credit card customer would get charged.
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Definition1/8
Potential Matches:1 : You use a new credit card to pay off the $2,000 you owe on another credit card.
2 : You use your credit card to take out $200 in cash from an ATM.
3 : You forget to send in your minimum monthly payment one month.
4 : You charge $800 on a credit card that has a $500 spending cap.
Answer : Balance transfer fee
: Cash advance fee
: Late payment fee
: Overlimit fee
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Cards in this guide (8)
Why does a credit card make it easy to go into debt
You can buy something before you have enough money to pay for
it.
Why is it important for people to maintain a good credit history
So that they have an easier time getting loans and credit
cards
Which of these credit card features would be best for customers who want to pay off the balance on a high-interest credit card
Low fees for balance transfers
What is the annual percentage rate on a credit card
The Answer is "The amount of interest charged on unpaid balances" On Apex
Match each of these credit card terms with THE correct description
chadwick and the neutron
rutherford and the proton
thomson and the electron
Banks pay their costumers interest on the money in their accounts for what reason
Banks pay their consumers interest on their money in their
accounts because, the same money is what the bank use to lend loans
to other customers. As they are going to earn an income through the
interest they charge the loan customers, banks give a portion of
that interest as interest for the customers who have deposited
their money with them.
Can you pay your credit card bill by another credit card
Yes you can pay your credit card bill by another credit card. It
is called balance transfers, you can transfer the balance of
another credit card that has a high interest to a credit card that
has a low interest. Hopefully this answers your question.
Match each fee below with the situation where a credit card customer would get charged.
Potential Matches:1 : You use a new credit card to pay off the $2,000 you owe on another credit card.
2 : You use your credit card to take out $200 in cash from an ATM.
3 : You forget to send in your minimum monthly payment one month.
4 : You charge $800 on a credit card that has a $500 spending cap.