Sunday, December 4, 2011

What are the important factors to consider when selecting a credit card?

1. What are the important factors to consider when selecting a credit card?





2. Why is it important to shop for credit?





3. Do you think that high school students should have credit cards? Why or why not? Explain your answer.|||You should definitely consider the interest rate and any monthly/yearly fees. Also, a card with perks is good - airline miles, cash back, etc.





You need to shop for credit because all cards are different. Every interest rate is different, fees are different, perks are different, etc. You need to make sure you're getting a good card at a good rate.





I think it wouldn't be bad for high school students to have a pre-paid credit card so they can understand how quickly things add up, but also not run up $10,000 in bills. You can spend a lot of money and not realize it until that bill comes in the mail.|||the interest charge n penalties charge if default


convenient coz u dnt have to bring cash all the time


i dn thnk so coz who know they will use it for what

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