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Hi, I need help with #1, 2 & 3 1. Comparing Credit Card Offers. Select two local retailers, a local bank, and a local credit
Hi, I need help with #1, 2 & 3
1. Comparing Credit Card Offers. Select two local retailers, a local bank, and a local credit card and request credit card applications from all four. Compare the applications for the types of information they require. Compare the APRs offered among the cards and others that you may already hold. Make a table that summarizes your findings and write some brief reactions to what you found. 2. Credit Card Repayment Patterns. Survey three of your friends about their patterns of using their credit card accounts including, if any, their choice to make the minimum payment rather than pay off the balance in full each month. Compare what they do to your own pattern, and write a summary of your findings. 3. Credit Card Billing Errors. Survey three of your friends about experiences they have had concerning a billing error on their credit cards. Compare the steps they took to resolve the error(s) with those recommended in this chapter. Write a summary of your findings. 4. Installment Loan Interest Methods. Visit a bank and a credit union in your community. Tell them that you are considering taking out a loan to purchase a vehicle. Inquire whether they offer declining-balance or add-on method loans and which approach they would recommend. Compare the responses to the information provided in this chapter, and write a summary of your findings. 1. Comparing Credit Card Offers. Select two local retailers, a local bank, and a local credit card and request credit card applications from all four. Compare the applications for the types of information they require. Compare the APRs offered among the cards and others that you may already hold. Make a table that summarizes your findings and write some brief reactions to what you found. 2. Credit Card Repayment Patterns. Survey three of your friends about their patterns of using their credit card accounts including, if any, their choice to make the minimum payment rather than pay off the balance in full each month. Compare what they do to your own pattern, and write a summary of your findings. 3. Credit Card Billing Errors. Survey three of your friends about experiences they have had concerning a billing error on their credit cards. Compare the steps they took to resolve the error(s) with those recommended in this chapter. Write a summary of your findings. 4. Installment Loan Interest Methods. Visit a bank and a credit union in your community. Tell them that you are considering taking out a loan to purchase a vehicle. Inquire whether they offer declining-balance or add-on method loans and which approach they would recommend. Compare the responses to the information provided in this chapter, and write a summary of your findingsStep by Step Solution
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