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You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. If you have a good credit rating, how
You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. If you have a good credit rating, how much must you pay at the end of the month to get the balance to the acceptable debt ratio percentage?
Secured | Unsecured | |
---|---|---|
Credit | APR (%) | APR (%) |
Excellent | 4.75 | 5.50 |
Good | 5.00 | 5.90 |
Average | 5.85 | 6.75 |
Fair | 6.40 | 7.25 |
Poor | 7.50 | 8.40 |
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