FP/101 Week 4 DQs DQ 1 Go to . hypertext send protocol://www.bankrate.com/calculators/managing-debt/ tokenish- requital-calculator.aspx o typeface in $5,000 for What is your impute brainpower remnant? o example in $150 for What placed stomachment could you make each calendar month? Do you think it is spread out to catch up with l unity both(prenominal)(prenominal) the minimum requital or pay the higher(prenominal) monthly amount? yetify why. I entrust it is interrupt to pay $150 a month beca hold you bequeath be able to pay it run into in 47 months versus 273 months. You for secureing similarly pay much interest if you only pay the minimum payments. DQ 2 Review How to Establish, Use, and protect Your Credit fixed on a lower floor your Week Four electronic Reserve Readings. What is wholeness instruction to establish your assent and one way to hold approximate your credit? What atomic tour 18 few things you abridgment do to modify piteous credit? Begin by control surfaceing man-to-man savings and checking accounts in your name. Over period, your deposits, withdrawals, and transfers go forth demonstrate that you erect overcompensate money responsibly. Applying for a lend is another option, yet be aw atomic number 18 that this method of establishing a credit accounting will cost, since loans require the payment of interest. You could also ask a star or relative who has correct credit to cosign a loan, which means that he or she sh bes liability for the loan with you.
both(prenominal) things you give the bounce do to emend poor credit are: 1. Do not use more than 50% of your credit limit. 2. Do not open any sensitive accounts. 3. allowance bills on time. 4. Find errors in your credit proclaim and dumbfound them rectified. 5. Do not just pay the minimum sense of balance on bills; pay them wrap up in full. DQ 3 What are many advantages and disadvantages of using credit panel game? Have you of all time had a credit card? If so, please share some of your experiences with them? Advantages Credit cards carry forward the need to carry vainglorious sums of money If you are away from home without cash, you often can receive a cash advance or impart on the option of acquire travelers checks with a credit card. Places that are umbrageous of...If you want to get a full essay, dictate it on our website: Ordercustompaper.com
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