Companies and organizations that offer credit cards compete for your credit card business by offering low introductory

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Companies and organizations that offer credit cards compete for your credit card business by offering low introductory rates. Search the Internet for offers of a special deal. What is the “low introductory rate”?

Read the fine print. What will the rate be after the introductory period?

At the regular rate, how much finance charge would you have to pay on a $1,000 balance each month? How does this compare to the introductory rate?

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Related Book For  book-img-for-question

Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

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