Describe two advantages of using credit cards......Choose the correct answer below.O A. Relatively low interest rates on unpaid balances and convenience of use.B. You get to use a product before actually paying for it and it provides a source of temporary emergency funds.C. May provide amenities and difficulty to overspend.D. Lack of caps on interest rates and fees.

Credit card is referred to as an instrument for helping to make an instant credit on the basis of…

Describe two advantages of using credit cards. ..... Choose the correct answer below. OA. Relatively low interest rates on unpaid balances and convenience of use. O B. You get to use a product before actually paying for it and it provides a source of temporary emergency funds. OC. May provide amenities and difficulty to overspend. O D. Lack of caps on interest rates and fees.

Describe two advantages of using credit cards. ..... Choose the correct answer below. OA. Relatively low interest rates on unpaid balances and convenience of use. O B. You get to use a product before actually paying for it and it provides a source of temporary emergency funds. OC. May provide amenities and difficulty to overspend. O D. Lack of caps on interest rates and fees.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Which of the following is true about credit cards? A) when you use one, the money is taken directly from your bank account B) they usually charge a lower interest rate than debit cards C) they are issued by networks such as visa D) you can run up huge debt if you don’t pay the balance off quickly
Which of the following credit checks would be considered a soft check? A. Vehicle loan application B. job application C. student loan application D. Credit card application I don't need explanation just the answer :)
A bank wants to implement a loan pricing model and has to look at several variables to consider. Please select the variable that is incorrectly described. a. A profit margin to provide the bank with an adequate return on capital. b. Risk premium to counter the effect of default risk. c. Cost of funding that include the cost of bonds issued. d. Operating costs that include the cost of interest paid to depositors.
Determine the last date the cash discount may be taken. Note:- • Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. • Answer completely. • You will get up vote for sure.
According to the article, why are interest rates on credit cards higher than interest rates on cars or homes? Choose one or more: A. People who use credit cards take more financial risks than people who buy cars or homes. ⒸB. Credit card issuers are londing money that is unsecured. C. Credit card debts are among the first written off when people file for bankruptcy. O D. Credit card debt typically is for a shorter time period than a loan for a car or home.
TB MC Qu. 5-62 (Static) What is the primary disadvantage of extending... What is the primary disadvantage of extending credit to customers? Multiple Choice O Lower revenues Reduced operating efficiency O Lower profitability Delay or failure to collect cash
In which of the following ways do Fedwire payments differ from ACH payments? 1. Fedwire payments are always credit push. 2. Fedwire is an electronic payment method. 3. Fedwire payments typically cost the payer more to send. Give typing answer with explanation and conclusion
19. What is the effect of the lender's increasing the loan's interest rate just before closing A. The borrower has to pay it. B. Closing will be delayed. C. The borrower can choose to pay extra points. D. The real estate licensee is expected to pay the extra points.
A decrease in the costs of using an ATM causes money demand to increase. Shifting the Money demand curve to the right.Group of answer choices A. The first statement is false. The second statement is true. B. The first and second statements are both false. C. The first statement is true. The second statement is false. D. The first and second statements are both true.
Bank can be a source of short-term funding in terms of credit card applications. These fundings on credit cards make sure that regular payments should be made. Group of answer choices True False
Avoiding Overdraft Fees. You know someone who recently had $90 in overdraft fees for two small debit card transactions. Explain to him why such high fees resulted from such small transactions and the relative benefits of having an automatic funds transfer agreement versus an automatic overdraft loan agreement versus overdraft protection
Describe payday loans, tax-refund advances and structured-settlement advances—the differences between these financing products and the concerns that are associated with similar short-term loan products. Specifically, explain the effect these can have on your future cashflow.

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