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What else can I help you with?
How is your credit score computed?
Credit scores are personal information. If you can tell me how your credit score is computed then I will tell you how my credit score is computed. Okay?
What is the monthly interest rate if the annual interest rate on a credit card is 21 percent?
1.75%
Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?
14.4%
Calculate the annual interest rate on a credit card if the monthly interest rate is 1.2.?
14.4 %. A+
Can you renegotiate the interest rate on your credit card?
You can certainly try.
How is your credit score computed?
Credit scores are personal information. If you can tell me how your credit score is computed then I will tell you how my credit score is computed. Okay?
A law that establishes a maximum interest rate for credit transactions of 24 percent is it substantive or procedural law?
a law that establishes a maximum interest rate for credit transactions of 24 percent
Explain why consumer credit can be costly?
consumer credit can be costly because when you used someone else money you have to pay interest
Of the available sources of the consumer credit which tends to have the highest interest rate?
Many types of consumer credit are available which have high interest rates. The ones which tend to have the highest interest rates are what are known as payday and title loans.
Does it boost your credit rating if you pay for a new car in full?
Cash transactions do not normally have any effect on a consumer's credit rating.
What does the Bureau of Consumer Credit Protection do?
The primary responsibility of the bureau is to implement the Maine Consumer Credit Code. The code requires the bureau to promote the development of equitable consumer credit practices; to promote competition among credit grantors, to assure that the regulation of consumer credit transactions in Maine conforms of the policies of the federal Truth in Lending Act.
What are the charges for credit card transactions?
The charges for credit card transactions typically include interest rates, annual fees, late payment fees, and foreign transaction fees.
What levels of government offer consumer credit protection?
Consumer credit protection is provided at multiple levels of government. At the federal level in the United States, agencies like the Consumer Financial Protection Bureau (CFPB) enforce laws such as the Truth in Lending Act and the Fair Credit Reporting Act. State governments also implement consumer protection laws that can vary by state, addressing issues like interest rates and debt collection practices. Additionally, some local governments may have ordinances that further enhance consumer protection in credit transactions.
What are the interest rates on credit card?
Interest Rates on credit cards, comes from banks or credit union that provides to the consumer borrowed money, this over a period of time that the money is borrowed. When the consumer has not paid back the borrowed money in the time that was agreed, then occur a calculation of the interest base on the credit of the consumer ( or card holder) and this represent the bankers profit. Interest rates can vary from 7 to 35%. This Interest Rate is an annually basis or APR and this fee is for the privilege of borrowing money
How debit and credit related to transactions?
A debit is taken straight from the money you have in your bank account. A credit is taken, then the cost billed to you. With a debit, you pay now with no interest. With a credit, you pay later with possible interest added to it.
A law that establishes a maximum interest rate for credit transactions of 24 percent substantive or procdural?
substantive law
Which debts should be paid off first?
For consumer debts, credit cards. Highest interest.
