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Yakov has a history of charging a lot on his credit card and doesn't carry a high monthly balance, Yakov loves cars and plans to
Yakov has a history of charging a lot on his credit card and doesn't carry a high monthly balance, Yakov loves cars and plans to trade in his cars every two years, if not more often, for new ones. Which credit card is the best choice? Any affinity card A reward card with an automobile rebate program A secured card Why is that card the best choice? The high-charge volume will provide funding for Vakov's favorite political organization. The high-charge volume will provide points to use toward supporting Yakov's relatively expensive plans. Yakov's low monthly balances will protect his collateral. Gilberto has $1,000 in cash. Gilberto also has a very bad credit history, but wants a credit card. Which credit card is the best choice? A secured card The affinity card sponsored by his school's alumni association Any affinity card Why is that card the best choice? It's the only card he will probably qualify for He can offer the $1,000 as collateral Both of these Lorenzo just began his first year at a university and has no credit history. Lorenzo has no cash on hand but receives a small monthly stipend from a trust fund. Lorenzo's parents won't guarantee payments on a credit card for Lorenzo because they don't think he will use it responsibly. Lorenzo is going to apply for a credit card because he wants one. Which credit card is the best choice? An affinity card A student card A secured card Why is that card the best choice? It's the only card he will probably qualify for. It will probably offer appealing promotions such as free music and movie tickets. Both of these
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