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Money Explained Episode 2: Credit Cards 1) Circle the correct answer: Today, credit cards are a (billion or trillion) dollar industry 2) Before credit cards,
Money Explained Episode 2: Credit Cards 1) Circle the correct answer: Today, credit cards are a (billion or trillion) dollar industry 2) Before credit cards, how could a person make large purchases they couldn't pay for up front? 3) A credit score above a. 100 b. 700 c. 500 d. 600 e. Other: means you have good credit 4) Despite being referred to as "deadbeats" by some in the industry, how does someone who always pays off their account still making the credit card company money? 5) What type of credit card user does the bank lose money on? a. The transactor b. The revolver
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