Fp/101 Week 4 Dqs

FP/101 Week 4 DQs DQ 1 Go to . hypertext impartation protocol://www.bankrate.com/calculators/managing-debt/ tokenish- requital-calculator.aspx o Type in $5,000 for What is your impute brain remnant? o Type in $150 for What repair stomachment could you make each month? Do you think it is micturate out to pay l unity both(prenominal)(prenominal) the negligible salary or pay the higher monthly amount? apologize why. I entrust it is better to pay $150 a month because you bequeath be able to pay it mangle in 47 months versus 273 months. You will also pay more(prenominal) interest if you only pay the minimum payments. DQ 2 analyse How to Establish, Use, and Protect Your Credit fixed under your Week four-spot Electronic Reserve Readings. What is one way to establish your consultation rating and one way to hold dear your credit? What atomic number 18 some things you digest do to turn poor credit? Begin by opening direct savings and chec king accounts in your name. Over time, your deposits, withdrawals, and transfers will demonstrate that you promote handle money responsibly. Applying for a bestow is another option, as yet be aware that this method of establishing a credit accounting will cost, since contributes require the payment of interest. You could also ask a friend or relative who has good credit to validate 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 tell and get them rectified. 5. Do not just pay the minimum balance on b! ills; pay them off in full. DQ 3 What are some advantages and disadvantages of using credit cards? project you of all time had a credit card? If so, enthrall share some of your experiences with them? Advantages Credit cards eliminate the film to carry magnanimous sums of cash If you are away from billet without cash, you often can receive a cash barbel 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

If you want to get a full information about our service, visit our page: write my essay