Fp/101 Week 4 Dqs

FP/101 Week 4 DQs DQ 1 Go to . hypertext transport protocol://www.bankrate.com/calculators/managing-debt/ tokenish- requital-calculator.aspx o Type in $5,000 for What is your impute calling card remnant? o Type in $150 for What dictated stomachment could you make each month? Do you think it is give in out to pay l unity both(prenominal)(prenominal) the minimal requital or pay the higher monthly amount? rationalize why. I entrust it is better to pay $150 a month because you bequeath be able to pay it withdraw in 47 months versus 273 months. You will also pay to a greater extent interest if you only pay the minimum payments. DQ 2 reexamine How to Establish, Use, and Protect Your Credit fixed under your Week quaternion Electronic Reserve Readings. What is one way to establish your acknowledgement and one way to hold dear your recognize? What nuclear number 18 some things you digest do to transform poor credit? Begin by opening man-to -man savings and checking accounts in your name. Over time, your deposits, withdrawals, and transfers will demonstrate that you declamatory handle money responsibly. Applying for a bestow is another option, soon enough be aware that this method of establishing a credit account statement will cost, since contributes require the payment of interest. You could also ask a friend or relative who has good credit to formalize a loan, which means that he or she shares liability for the loan with you. Some things you can do to improve poor credit are: 1. Do not use more than 50% of your credit limit. 2. Do not open any tippy accounts. 3. Pay bills on time. 4. Find errors in your credit make known and get them rectified. 5. Do not just pay the minimum balance on bills; pay them off in full. DQ 3 What are some advantages and disadvantages of using credit cards? defecate you of all time had a credit card? If so, enthrall share some of your experiences with them? Advantages Credit cards eliminate the ! assume to carry magnanimous sums of cash If you are away from ingleside without cash, you often can receive a cash pass or bring on the option of buying travelers checks with a credit card. Places that are umbrageous of...If you want to get a full essay, order it on our website: OrderEssay.net

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