unfurnished CONTINUING CASE She ment and the shared expenses after the incide into her esergency savings account to help cov but no washer or dryer, nor is there a Introduction to Consumer Credit lamie Lee Jackson age 27, full- time studest home of her own. The house has only one bedroom, but i to give sotice to ber roommate that sbe would be lcaving checkbook and credit cands a few weeks buck. Jasnie na he antment and moving expenses, as she had not planned to move out and part-time bakery employee, has just moved into an he rent is manageable and it is plenty of room for Jamie bu this soon. and be on her own no small laundry room would fit comftplae ore, Acme Home Goods, was the first stop as Jamic chose a sdacking washer and dryer ne laundry space provided. A staialess steel refrigeratoe with a built-in television scre, Jamie is in nced of a few appliances, as there is a kischen. She will also o aeed a living rocom set and a television, as Jamie only had a bedroom set to move in with. Jamirator was her w to finaly have the ipliance storeickly began to write up the onder. Jamic was informed that if she opened up a credit cad choice, and the salesperson to ecided to continue sh yw oldreceive a discount of 10% off her ,otal purchase. As she waited for her credit to be d hrast The local home ay lanow she will farnish the bengalow and began shopping for her home as soon as the lease al i shopping for her other needed itemis. lampse for a percentage oll Living room furniture was next on the list, as Jamie continued on to the local home furnishings retailer to l Jamie tempting deal of opening a credit card through the store in exchange for etailer, where Jamie chose a S2-inch 10sop LED HDTV. For the third time, a percentace offh her new home would look when a call from the appliance store came through complete sofa sets that included the coflfe and end tables as well as matching lamps. Jamie cho rary-style set and again was offered the t her purchase and free delivery ig asked he as daydreaming of howl that was needed to get Jamie to sign on the dotted line of the credit card applicait to return to the store. Jamie Lee had the unfortunate news that her credit application at the appliance store had been denied. She left the store nd television with t arrive at the next two stores where she had chosen the living room set a he same bad news-credi that her credit score was too low for approval. "How could this be?" Jamie wondered and i t applicain contacted the credit bureau for further explanation. Current Financial Situation Assets: Checking account: $1,800 Gross monthly salary from the bakery: $2,750 (net income $2.175) Savings account: $7,200 Emergency fund savings account: $2.700 IRA balance: $410 Car: $2,800 Monthly Expenses: Rent: $350 Utilities: $70 Food: $125 Liabilities tudent loan balance: $10,800 (Jamie is still a full-time student. Gas/maintenance: $130 o no payments are required on the loan until after graduation) Credit card payment: $0 Credit card balance: $4,250 (total of three store credit cards) uestions What steps should Jamie Lee take so she may discover the reason for the denial of her c discovers that she has become the victim of identity theft, as her credit report indicates that two credit cards have been pened in her name without her authorization! The police had already be artment, but what other measures should Jamie Lee take now that she has become aw rtunately for Jamie, she was able to show proof of the theft to the credit bureau and her nishings were approved. The purchase total for the appliances, living room furniture, minimum payments between the three accounts total $325 a month. What is Jamie Lee's de no! The television was finally delivered today from Acme Home Goods but was left on the When Jamie Lee was finally able to attach all the wires and cables according to the ow ur and then shut off. Jamie Lee was unable to get the television to turn back on, although in the manual and contacted tech support from the manufacturer. Jamie Lee lugged the teles ould not accept a return on electronics. What should Jamic L ce d credit application? en notified the evening of the theft incident in the aware of the identity theft? credit applications for her apartment and television amounted to $4.250 owner's manual, it played for a half she read the troubleshooti