Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Alyssa has $ 1 , 0 0 0 in cash. Alyssa also has a very bad credit history, but wants a credit card. Which credit
Alyssa has $ in cash. Alyssa also has a very bad credit history, but wants a credit card.
Which credit card is the best choice?
Any affinity card
A secured card
The affinity card sponsored by her school's alumni association
Why is that card the best choice?
It's the only card she will probably qualify for
She can offer the $ as collateral
Both of these
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Principles Of Commercial Real Estate Finance
Authors: Gail Ramshaw, Mortgage Bank
1st Edition
0793157099, 9780793157099
