Assuming that you do not charge anything else to your Discover card and that you continue to make the current month's minimum required payment until the debt is repaid, it will take to totally repay your outstanding balance. Monthly Installment Payment Required to Repay $1,000 APR Months 12 24 36 48 60 10% 87.92 46.14 32.27 25.36 21.25 11% 88.38 46.61 32.74 25.85 21.74 12% 88.85 47.07 33.21 26.33 22.24 13% 89.32 47.54 33.69 26.83 22.75 14% 89.79 48.01 34.18 27.33 23.27 After paying off all of your credit card balances, should you cancel all of your cards? No, there are perks and rewards programs of which I can take advantage, but I will pay the balance in full each month from now on. O No, discontinued credit cards will have a negative effect on my credit score. No, there are instances, such as when making a hotel reservation or renting a car, when a credit card is required. O All of these are reasons for keeping and managing wisely some credit cards. You have an incorrect charge on your VISA card. What is the first step you should take to resolve this error? O Notify the merchant involved. Send a notice in writing to the credit card issuer. O Pay in full the statement that contains the disputed transaction. O Contact the credit bureau and file a complaint. When disputing the error in your VISA card statement, be prepared to provide the following documentation to your credit card issuer: The original recept The original credit card statement O A photocopy of your credit report O Photocopies of the receipt and credit card statement To constitute a valid dispute, you must file your complaint within days after the date on which , while the credit card issuer has another notification of the dispute. The issuer must resolve your claim within a maximum of days. days to acknowledge your Assuming that you do not charge anything else to your Discover card and that you continue to make the current month's minimum required payment until the debt is repaid, it will take to totally repay your outstanding balance. Monthly Installment Payment Required to Repay $1,000 APR Months 12 24 36 48 60 10% 87.92 46.14 32.27 25.36 21.25 11% 88.38 46.61 32.74 25.85 21.74 12% 88.85 47.07 33.21 26.33 22.24 13% 89.32 47.54 33.69 26.83 22.75 14% 89.79 48.01 34.18 27.33 23.27 After paying off all of your credit card balances, should you cancel all of your cards? No, there are perks and rewards programs of which I can take advantage, but I will pay the balance in full each month from now on. O No, discontinued credit cards will have a negative effect on my credit score. No, there are instances, such as when making a hotel reservation or renting a car, when a credit card is required. O All of these are reasons for keeping and managing wisely some credit cards. You have an incorrect charge on your VISA card. What is the first step you should take to resolve this error? O Notify the merchant involved. Send a notice in writing to the credit card issuer. O Pay in full the statement that contains the disputed transaction. O Contact the credit bureau and file a complaint. When disputing the error in your VISA card statement, be prepared to provide the following documentation to your credit card issuer: The original recept The original credit card statement O A photocopy of your credit report O Photocopies of the receipt and credit card statement To constitute a valid dispute, you must file your complaint within days after the date on which , while the credit card issuer has another notification of the dispute. The issuer must resolve your claim within a maximum of days. days to acknowledge your
