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Bartholomew just got a new credit card that offers both an introductory APR and a standard APR. If the standard APR is 19.8 which of the following rates would most likely be the introductory APR?
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∙ 7y ago
9.8%
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What does Standard and pores mean?
Standard and Poor's is a company involved in financial analysis. It is probably best known for its credit rating.
What is the length and width of a credit card?
A typical credit card has the following dimensions: 2 1/8" high, 3 3/8" inches wide Metric: 54mm high, 86mm wide The standard slots in wallets are meant to fit this size. Note that there can tiny variations between cards, give or take a millimeter or two.
Which of the following data is used to determine credit scores?
the legnth of stay at your current residence
How do insurance carriers calculate the premiums they charge?
Insurance carriers use credit history reports, and your credit score to calculate the premiums they charge. This type of insurance scoring is a standard practice among the nation's largest insurers.
What is the number of the credit card VISA?
One can tell that a credit card is a VISA card if the first digit of the card number begins with a 4. There are, however, a few exceptions including the following: 4903 4905 4911 4936
What does 0 intro credit card mean?
The 'O introductory credit card' part of the card means that one does not have to pay any introductory fees on the credit card before using it. This is usually the best card to get.
What do credit card companies do when you have no credit?
They will offer you a low introductory interest rate which will encourage you to use your credit card.
What is the introductory APR on a Sears credit card?
If you apply for a Sears credit card in the store you can probably receive a discount on your purchase that day, and receive a 0% introductory offer. This offer does depend on your credit check, and will vary depending on your score.
Where can one find a credit card with a 0 percent introductory offer?
For those looking for a zero percent introductory offer, there are options. Assuming the credit is sufficient to qualify, sites like Capital One, Citi, and Discover are all those that offer these introductory rates.
What is the introductory APR on Amex credit cards?
The introductory annual percentage rate (APR) on American Express credit cards vary by the card and the cardholder's credit. Rates can be as low as zero percent, but often range from 12.99 to 21.99 percent.
What are some of the features of Heritage Bank's My First Credit Card?
The My First Credit Card offered by Heritage Bank has an introductory interest rate of 8.95%. It has a standard variable rate of 16.75%. These rates are lower than the other cards the bank offers.
What factors should consumers research FIRST when they receive a credit card offer with a low introductory rate?
the APR after the introductory period expires
What is the difference between a student credit card and a regular credit card?
Assuming the student credit card is a standard issue bank credit card and not issued solely through the school, there is no difference. A credit card company might advertise to student with special introductory rates or with a spin that targets that demographic, but in the end a credit card is a credit card. Incidentally, credit card debt among college students is the fasted growing segment of debt. Credit card companies aggressively seek students who are too young or inexperienced to realize that once introductory specials have expired and the "freedom" of buying pizza on credit has worn off, they're responsible for large sums of money that accrue interest.
What is the current APR for the Discovery Credit Card?
The APR may vary depending on the time that you wish to sign up for the Discovery Credit Card. Currently you will get an introductory rate of 0% APR for 14 months if you sign up today. After the 14th month you will get the standard 10.99%-22.99%.
What is the current interest rate on a chase card?
The interest rates on a Chase credit card depends on the terms. Many have a 0% introductory rate, but after the introductory phase the rate can range between 11.99% to 22.99% depending on the terms and your credit rating.
What are some of good credit cards available today?
It depends on your situation like credit needs and credit rating. There are some introductory credit cards along with some credit cards for special rewards.
Gretchen just got a new credit card that offers an introductory APR of 4.8 for the first 4 months and a standard APR of 15.6 thereafter. If interest is compounded monthly what is the periodic interest?
The monthly rate is 1.22%, approx.
