FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Credit - explain the benefits and drawbacks of having credit cards. What are the major credit reporting agencies in the U.S.? What is a

Credit  - explain the benefits and drawbacks of having credit cards. What are the major credit reporting agencies in the U.S.? What is a FICO score? Explain how your credit may impact your financial future and what is the best way to use credit cards.

Step by Step Solution

★★★★★

3.45 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

lets break down the benefits and drawbacks of having credit cards discuss major credit reporting agencies in the US explain what a FICO score is and how credit impacts financial future along with tips ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Electronic Commerce

Electronic Commerce

Authors: Gary Schneider

12th Edition

1305867815, 9781305867819

More Books

Students also viewed these Banking questions

Question

★★★★★
With personal financial planning we learn to acquire, use, and control our financial resources more efficiently. What are your plans to a 'roadmap' arrangement that will outline your financial plans...

Answered: 1 week ago

Question

★★★★★
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★
s sf Define the terms opaque type and concrete type. [5 marks] The following is a shortened version of one of the definition modules described in the Modula-2 user manual: Provide a suitable...

Answered: 1 week ago

Question

★★★★★
The temperature of air changes from 0 to 10C while its velocity changes from zero to a final velocity, and its elevation changes from zero to a final elevation. At which values of final air velocity...

Answered: 1 week ago

Question

★★★★★
Find all the eigenvalues and associated eigenvectors of each of the following matrices: (a) (b) (c) (d) 001 1i0 101 010 900 0-0 001

Answered: 1 week ago

Question

★★★★★
(a) Why does OLS estimation involve taking vertical deviations of the points to the line rather than horizontal distances? (b) Why are the vertical distances squared before being added together? (c)...

Answered: 1 week ago

Question

★★★★★
Susan throws three dice and Andrew also throws three dice. What is the probability that they get the same number of sixes?

Answered: 1 week ago

Question

★★★★★
Lets assume that over the years, a paper and pencil test of anxiety yields a mean score of 35 for all incoming college freshmen. We wish to deter-mine whether the scores of a random sample of 20 new...

Answered: 1 week ago

Question

★★★★★
John has $100 that he can spend on milk and gas. A gallon of milk costs $5. However, government gives its citizens a coupon that entitles people to 20% discount on their first 10 gallon milk...

Answered: 1 week ago

Question

★★★★★
A researcher wants to examine whether wearing uniforms at work is detrimental to worker morale in manufacturing plants. Explain why a quasi-experimental design (e.g., assigning different plants to...

Answered: 1 week ago

Question

★★★★★
Using examples explain how biology can be studied from a microscopic approach to a global approach.

Answered: 1 week ago

Question

★★★★★
Q2a) Better Health Hospital- Income Statement (2018/19 Financial Year) *Note: All figures in $'000* Q2b) Better Health Hospital- Balance Sheet (2018/19 Financial Year) *Note: All figures in $'000*...

Answered: 1 week ago

Question

★★★★★
50 units @ $106 60 units @ $118 20 units @ $126 70 units @ $130 There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory...

Answered: 1 week ago

Question

★★★★★
During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $5.00 per unit, fixed costs of $90,000, and net income of $20,000. Use this information to determine the number of...

Answered: 1 week ago

Question

★★★★★
[Combinatorics, Conditional Probability and Beyond] Consider a game with n = N participants which are somehow ordered (P1, P2, ..., Pn). The game starts with the first numbered player (P1) tosses a...

Answered: 1 week ago

Question

★★★★★
Corruption has been a significant problem in Iraq. Opening and running a business in Iraq usually requires paying multiple bribes to government officials. We can think of there being a demand and...

Answered: 1 week ago

Question

★★★★★
Alex, an AWS student at Dion Training, wants to create a dedicated bridge between their company's on - premises network and the AWS cloud while bypassing the public internet to ensure the network...

Answered: 1 week ago

Question

★★★★★
An auto-parts manufacturer is considering establishing an engineering computing center. This center will be equipped with three engineering workstations each of which would cost $25,000 and have a...

Answered: 1 week ago

Question

★★★★★
In about 200 words, explain how the achieved trust communication efforts conducted using mass media and personal contact.

Answered: 1 week ago

Question

★★★★★
In about 100 words, summarize the arguments for and against buying a novel as an electronic book instead of a printed paperback book.

Answered: 1 week ago

Question

★★★★★
What drove the burst of enthusiasm that led to a rapid growth of investment in online business during the first wave of electronic commerce?

Answered: 1 week ago

Question

★★★★★
When the population distribution is normal and n is large, the sample standard deviation S has approximately a normal distribution with and . We already know that in this case, for any n, is normal...

Answered: 1 week ago

Question

★★★★★
Define what it means to be conscious.

Answered: 1 week ago

Question

★★★★★
Identify the different stages of sleep.

Answered: 1 week ago

Previous Question Next Question