1. Identify and explain two of the fundamental warnings about credit cards that are contained in this...
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1. Identify and explain two of the fundamental warnings about credit cards that are contained in this case.
2. Do you believe the typical consumer understands the full extent of the so-called “credit card trap?” What elements of the credit game are the most difficult to comprehend for most consumers?
3. Do you believe the government should place tighter controls on interest rates and ban credit card companies from charging rates above 15 percent? Why? Why not?
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1 The two fundamental warnings about credit cards are a watch out for very high interest rates if you dont pay your entire balance owing each month and b if you make only the minimum payment required ...View the full answer
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Related Book For 
Business Essentials
ISBN: 978-0134000091
8th Canadian Edition
Authors: Ronald J. Ebert, Ricky W. Griffin, Frederick A. Starke, George Dracopoulos
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