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How can you use the debt safety ratio to determine whether your debt obligations are within reasonable limits? Many bank card issuers impose different types

  1. How can you use the debt safety ratio to determine whether your debt obligations are within reasonable limits?
  2. Many bank card issuers impose different types of fees; briefly describe three of these fees.
  3. What is a debit card? How is it similar to a credit card? How does it differ?
  4. Describe credit scoring and explain how its used (by lenders) in making a credit decision.
  5. What is the most common method used to compute finance charges?

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